Pulse Seismic (TSE:PSD) Shares Cross Above 200 Day Moving Average - Here's What Happened

Key Points

• Pulse Seismic Inc. shares surpassed their 200-day moving average, trading at C$3.62 with a high of C$3.66 during the session.
• The company has announced a quarterly dividend of $0.0175 per share, resulting in an annual yield of 1.94%.
• Pulse Seismic has a market capitalization of C$183.52 million, a price-to-earnings ratio of 16.88, and a debt-to-equity ratio of 1.25.

Pulse Seismic Inc. (TSE:PSD - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.66 and traded as high as C$3.66. Pulse Seismic shares last traded at C$3.62, with a volume of 47,550 shares trading hands.

Pulse Seismic Stock Down 1.1%

The stock's 50-day moving average price is C$3.08 and its two-hundred day moving average price is C$2.68. The stock has a market capitalization of C$181.49 million, a P/E ratio of 16.69 and a beta of 0.68. The company has a current ratio of 3.85, a quick ratio of 7.28 and a debt-to-equity ratio of 1.25.

Pulse Seismic Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 20th. Investors of record on Wednesday, August 13th will be issued a $0.0175 dividend. This represents a $0.07 annualized dividend and a yield of 1.96%. Pulse Seismic's dividend payout ratio (DPR) is presently 28.05%.

About Pulse Seismic

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.