Pulse Seismic (TSE:PSD) Shares Cross Above 200 Day Moving Average - Time to Sell?

Pulse Seismic Inc. (TSE:PSD - Get Free Report)'s stock price crossed 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 traded.

Pulse Seismic Stock Down 1.1%

The firm has a market cap of C$178.95 million, a price-to-earnings ratio of 16.46 and a beta of 0.68. The company has a debt-to-equity ratio of 1.25, a quick ratio of 7.28 and a current ratio of 3.85. The business's 50-day moving average is C$2.86 and its 200-day moving average is C$2.59.

Pulse Seismic Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Stockholders of record on Tuesday, May 20th were paid a $0.0175 dividend. This represents a $0.07 annualized dividend and a dividend yield of 1.99%. The ex-dividend date was Monday, May 12th. This is a positive change from Pulse Seismic's previous quarterly dividend of $0.02. Pulse Seismic's dividend payout ratio (DPR) is 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.