Dawson Geophysical (NASDAQ:DWSN) Announces Earnings Results

Dawson Geophysical (NASDAQ:DWSN) announced its quarterly earnings data on Friday. The oil and gas company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. Dawson Geophysical had a negative net margin of 6.55% and a negative return on equity of 21.54%.

Dawson Geophysical Stock Performance

Shares of DWSN remained flat at $1.29 during trading hours on Friday. 6,932 shares of the company were exchanged, compared to its average volume of 23,288. Dawson Geophysical has a 52 week low of $1.14 and a 52 week high of $2.22. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.50 and a current ratio of 1.50. The company has a market capitalization of $39.97 million, a P/E ratio of -7.17 and a beta of 0.60. The company’s 50-day simple moving average is $1.39 and its 200-day simple moving average is $1.48.

Dawson Geophysical Company Profile

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.