Dawson Geophysical (DWSN) Rating Lowered to Hold at Zacks Investment Research
Dawson Geophysical (NASDAQ:DWSN) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Tuesday.
According to Zacks, “Dawson Geophysical Company offers onshore seismic data acquisition services primarily in the United States and Canada. The company acquires and processes 2-D, 3-D and multi-component seismic data for oil and gas companies. Dawson Operating Company, formerly known as Dawson Geophysical Company, is headquartered in Midland, Texas. “
Dawson Geophysical (DWSN) traded up $0.10 during mid-day trading on Tuesday, hitting $5.07. The company had a trading volume of 53,322 shares, compared to its average volume of 69,200. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.01 and a quick ratio of 4.01. The firm has a market cap of $107.94, a price-to-earnings ratio of -3.25 and a beta of 1.20. Dawson Geophysical has a 1-year low of $3.70 and a 1-year high of $8.55.
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About Dawson Geophysical
Dawson Geophysical Company, formerly TGC Industries, Inc, is a provider of onshore seismic data acquisition and processing services with operations throughout the United States and Canada. The Company acquires and processes two-dimensional (2-D), three-dimensional (3-D) and multi-component seismic data for its clients, ranging from oil and gas companies to independent oil and gas operators, as well as providers of multi-client data libraries.
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