Pulse Seismic (TSE:PSD) Stock Passes Above 200-Day Moving Average of $2.01

Shares of Pulse Seismic Inc. (TSE:PSD) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.01 and traded as high as C$2.19. Pulse Seismic shares last traded at C$2.15, with a volume of 2,350 shares traded.

Pulse Seismic Trading Down 0.5 %

The company has a 50 day moving average of C$2.20 and a two-hundred day moving average of C$2.01. The company has a debt-to-equity ratio of 1.05, a quick ratio of 7.28 and a current ratio of 1.50. The stock has a market capitalization of C$111.80 million, a PE ratio of 7.68 and a beta of 0.69.

Pulse Seismic (TSE:PSD) last issued its quarterly earnings results on Thursday, February 15th. The company reported C$0.16 EPS for the quarter. Pulse Seismic had a return on equity of 50.74% and a net margin of 38.35%. The company had revenue of C$16.86 million during the quarter. Sell-side analysts predict that Pulse Seismic Inc. will post 0.0405823 EPS for the current year.

Pulse Seismic Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Tuesday, May 14th will be given a dividend of $0.015 per share. The ex-dividend date is Monday, May 13th. This represents a $0.06 dividend on an annualized basis and a yield of 2.79%. This is a boost from Pulse Seismic’s previous quarterly dividend of $0.01. Pulse Seismic’s payout ratio is currently 21.43%.

Pulse Seismic Company Profile

Pulse Seismic Inc acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Canada. The company also owns and manages a licensable seismic data library that consists of approximately 65,310 net square kilometers of 3D seismic; and 829,207 net linear kilometers of 2D seismic data.