Pulse Seismic (TSE:PSD) Director Neal James Coleman Sells 417,700 Shares

Pulse Seismic Inc. (TSE:PSD) Director Neal James Coleman sold 417,700 shares of Pulse Seismic stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of C$2.85, for a total value of C$1,190,445.00. Following the completion of the transaction, the director owned 17 shares in the company, valued at approximately C$48.45. This represents a 100.00% decrease in their position.

Neal James Coleman also recently made the following trade(s):

• On Tuesday, August 11th, Neal James Coleman sold 5,000 shares of Pulse Seismic stock. The stock was sold at an average price of C$3.00, for a total transaction of C$15,000.00.

Pulse Seismic Trading Up 1.4%

PSD opened at C$2.93 on Friday. The company’s 50 day moving average is C$3.21 and its 200-day moving average is C$3.68. Pulse Seismic Inc. has a 1-year low of C$2.67 and a 1-year high of C$5.24. The company has a current ratio of 7.25, a quick ratio of 7.28 and a debt-to-equity ratio of 1.31. The company has a market cap of C$148.59 million, a P/E ratio of 293.00 and a beta of 0.21.

Pulse Seismic (TSE:PSD) last announced its quarterly earnings results on Tuesday, July 28th. The company reported C$0.03 earnings per share (EPS) for the quarter. The company had revenue of C$3.61 million for the quarter. Pulse Seismic had a net margin of 2.42% and a return on equity of 2.74%. Equities research analysts predict that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current fiscal year.

Pulse Seismic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 25th will be paid a dividend of $0.0187 per share. This represents a $0.07 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 11th. Pulse Seismic’s payout ratio is presently 712.50%.

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.