Pulse Seismic (TSE:PSD) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Pulse Seismic Inc. (TSE:PSD) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$3.74 and traded as low as C$3.29. Pulse Seismic shares last traded at C$3.35, with a volume of 24,188 shares trading hands.

Pulse Seismic Stock Performance

The company has a market cap of C$169.90 million, a P/E ratio of 19.71 and a beta of 0.28. The firm has a 50 day moving average of C$3.62 and a 200-day moving average of C$3.74. The company has a quick ratio of 7.28, a current ratio of 3.16 and a debt-to-equity ratio of 1.36.

Pulse Seismic (TSE:PSD) last issued its earnings results on Tuesday, April 28th. The company reported C($0.03) earnings per share for the quarter. Pulse Seismic had a net margin of 27.77% and a return on equity of 45.85%. The firm had revenue of C$1.85 million for the quarter. As a group, sell-side analysts anticipate that Pulse Seismic Inc. will post 0.0407643 EPS for the current fiscal year.

Pulse Seismic Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 26th were paid a dividend of $0.0187 per share. This is an increase from Pulse Seismic’s previous quarterly dividend of $0.02. This represents a $0.07 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Tuesday, May 12th. Pulse Seismic’s payout ratio is 41.18%.

Pulse Seismic Company Profile

Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.