Pulse Seismic (TSE:PSD) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Pulse Seismic Inc. (TSE:PSD - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.57 and traded as high as C$3.43. Pulse Seismic shares last traded at C$3.42, with a volume of 24,131 shares.

Pulse Seismic Price Performance

The company has a debt-to-equity ratio of 1.25, a current ratio of 3.85 and a quick ratio of 7.28. The firm has a market capitalization of C$180.98 million, a price-to-earnings ratio of 16.64 and a beta of 0.68. The business's fifty day simple moving average is C$2.86 and its 200 day simple moving average is C$2.59.

Pulse Seismic Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th were issued a $0.0175 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 1.97%. This is a boost from Pulse Seismic's previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Monday, May 12th. Pulse Seismic's dividend payout ratio (DPR) is presently 28.05%.

Pulse Seismic Company Profile

Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.