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Dawson Geophysical Company (NASDAQ:DWSN) shares reached a new 52-week low on Thursday , Analyst Ratings.Net reports. The company traded as low as $22.57 and last traded at $22.77, with a volume of 24,933 shares trading hands. The stock had previously closed at $22.84.

A number of analysts have recently weighed in on DWSN shares. Analysts at Wunderlich cut their price target on shares of Dawson Geophysical Company from $28.00 to $24.00 in a research note on Thursday, August 7th. They now have a “hold” rating on the stock. Analysts at Zacks downgraded shares of Dawson Geophysical Company from a “neutral” rating to an “underperform” rating in a research note on Wednesday, August 6th. They now have a $23.80 price target on the stock.

The stock’s 50-day moving average is $25.17 and its 200-day moving average is $27.4. The company’s market cap is $180.2 million.

Dawson Geophysical Company (NASDAQ:DWSN) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.94) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.35 by $1.29. The company had revenue of $54.20 million for the quarter, compared to the consensus estimate of $80.23 million. During the same quarter in the prior year, the company posted $0.50 earnings per share. The company’s quarterly revenue was down 28.3% on a year-over-year basis. Analysts expect that Dawson Geophysical Company will post $-1.22 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Friday, August 15th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Wednesday, August 13th.

Dawson Geophysical Company is a provider of onshore seismic data acquisition and processing services in the lower 48 states of the United States.

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