Pulse Seismic (TSE:PSD) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Pulse Seismic Inc. shares have surpassed their 200-day moving average, trading as high as C$4.01, indicating a significant upward trend in stock performance.
• The company has declared a quarterly dividend of $0.0175 per share, resulting in an annualized dividend yield of 1.7%.
• With a market cap of C$203.86 million, Pulse Seismic provides seismic data services to the energy sector in western Canada, including project management and regulatory compliance.

Pulse Seismic Inc. (TSE:PSD - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.92 and traded as high as C$4.01. Pulse Seismic shares last traded at C$4.01, with a volume of 25,975 shares changing hands.

Pulse Seismic Trading Down 0.7%

The business's fifty day moving average is C$3.71 and its 200-day moving average is C$2.97. The stock has a market capitalization of C$205.56 million, a PE ratio of 9.20 and a beta of 0.54. The company has a quick ratio of 7.28, a current ratio of 3.85 and a debt-to-equity ratio of 1.25.

Pulse Seismic Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 20th. Shareholders of record on Wednesday, August 20th were given a dividend of $0.0175 per share. This represents a $0.07 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, August 13th. Pulse Seismic's payout ratio is 14.20%.

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.