Pulse Seismic (TSE:PSD) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Pulse Seismic Inc. (TSE:PSD - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.42 and traded as high as C$2.61. Pulse Seismic shares last traded at C$2.61, with a volume of 3,852 shares traded.

Pulse Seismic Price Performance

The company has a market cap of C$129.64 million, a PE ratio of 11.92 and a beta of 0.68. The firm has a 50 day moving average of C$2.49 and a two-hundred day moving average of C$2.43. 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 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 paid a $0.0175 dividend. The ex-dividend date was Monday, May 12th. This represents a $0.07 annualized dividend and a yield of 2.75%. This is a boost from Pulse Seismic's previous quarterly dividend of $0.02. Pulse Seismic's payout ratio 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.