Dawson Geophysical Co (NASDAQ:DWSN) has earned a consensus broker rating score of 2.00 (Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports.
Zacks has also assigned Dawson Geophysical an industry rank of 237 out of 255 based on the ratings given to its competitors.
Separately, ValuEngine raised shares of Dawson Geophysical from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st.
DWSN stock traded down $0.06 during trading on Friday, hitting $2.49. The company had a trading volume of 10,400 shares, compared to its average volume of 96,787. Dawson Geophysical has a 12 month low of $1.90 and a 12 month high of $5.58. The firm has a 50-day moving average price of $2.17 and a 200-day moving average price of $2.26. The stock has a market cap of $57.59 million, a price-to-earnings ratio of -2.33 and a beta of 1.15. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 0.09.
Dawson Geophysical (NASDAQ:DWSN) last announced its earnings results on Thursday, October 31st. The oil and gas company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.25. Dawson Geophysical had a negative net margin of 15.16% and a negative return on equity of 18.67%. The business had revenue of $36.98 million during the quarter.
Large investors have recently bought and sold shares of the business. Pinnacle Associates Ltd. grew its holdings in Dawson Geophysical by 238.1% in the second quarter. Pinnacle Associates Ltd. now owns 34,080 shares of the oil and gas company’s stock worth $85,000 after purchasing an additional 24,000 shares during the period. Teton Advisors Inc. grew its holdings in Dawson Geophysical by 9.4% in the third quarter. Teton Advisors Inc. now owns 70,000 shares of the oil and gas company’s stock worth $150,000 after purchasing an additional 6,000 shares during the period. Paloma Partners Management Co acquired a new stake in Dawson Geophysical in the second quarter worth $209,000. Shepherd Kaplan Krochuk LLC grew its holdings in Dawson Geophysical by 256.1% in the second quarter. Shepherd Kaplan Krochuk LLC now owns 92,000 shares of the oil and gas company’s stock worth $230,000 after purchasing an additional 66,167 shares during the period. Finally, Moors & Cabot Inc. grew its holdings in Dawson Geophysical by 29.5% in the second quarter. Moors & Cabot Inc. now owns 93,263 shares of the oil and gas company’s stock worth $237,000 after purchasing an additional 21,262 shares during the period. Institutional investors and hedge funds own 59.62% of the company’s stock.
Dawson Geophysical Company Profile
Dawson Geophysical Company provides onshore seismic data acquisition 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.
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