Pulse Seismic Rating Lowered to Hold at Cantor Fitzgerald (PSD)
Pulse Seismic (TSE:PSD) was downgraded by stock analysts at Cantor Fitzgerald from a “buy” rating to a “hold” rating in a report issued on Tuesday, StockRatingsNetwork reports. They currently have a C$5.00 target price on the stock, up from their previous target price of C$4.00. Cantor Fitzgerald’s target price indicates a potential upside of 5.26% from the stock’s previous close.
Separately, analysts at Paradigm Capital upgraded shares of Pulse Seismic from a “sell” rating to a “hold” rating in a research note to investors on Monday, November 11th.
Pulse Seismic (TSE:PSD) traded down 0.63% on Tuesday, hitting $4.72. The stock had a trading volume of 20,808 shares. Pulse Seismic has a 52 week low of $2.58 and a 52 week high of $4.96. The stock’s 50-day moving average is $4.2 and its 200-day moving average is $3.94. The company’s market cap is $280.5 million.
Pulse Seismic (TSE:PSD) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.04 EPS for the quarter. During the same quarter last year, the company posted $0.10 earnings per share. On average, analysts predict that Pulse Seismic will post $-0.09 earnings per share for the current fiscal year.
Pulse Seismic Inc (TSE:PSD) is a provider of seismic data to the energy sector in western Canada.
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