Pulse Seismic (TSE:PSD) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• Pulse Seismic's stock price has recently surpassed its 200-day moving average, trading at C$3.42, which could indicate potential selling or buying opportunities for investors.
• The company announced a quarterly dividend of $0.0175 per share, representing a 2.0% dividend yield, with a low payout ratio of 14.20%.
• With a market cap of C$173.58 million and a strong current ratio of 3.85, Pulse Seismic operates in the Canadian energy sector providing seismic data services.

Pulse Seismic Inc. (TSE:PSD - ) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.23 and traded as high as C$3.49. Pulse Seismic shares last traded at C$3.42, with a volume of 25,773 shares changing hands.

Pulse Seismic Stock Up 0.6%

The firm has a 50 day moving average price of C$3.62 and a 200-day moving average price of C$3.23. The company has a current ratio of 3.85, a quick ratio of 7.28 and a debt-to-equity ratio of 1.25. The firm has a market cap of C$173.58 million, a PE ratio of 7.77 and a beta of 0.27.

Pulse Seismic Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 20th were paid a $0.0175 dividend. This represents a $0.07 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Wednesday, August 13th. Pulse Seismic's dividend payout ratio (DPR) is presently 14.20%.

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.

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