Dawson Geophysical (NASDAQ:DWSN) Upgraded at Wall Street Zen

Dawson Geophysical (NASDAQ:DWSN) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Dawson Geophysical in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Dawson Geophysical Price Performance

Dawson Geophysical stock opened at $3.25 on Friday. Dawson Geophysical has a 12 month low of $1.08 and a 12 month high of $5.54. The stock’s 50 day moving average is $2.95 and its 200-day moving average is $2.23. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $100.91 million, a price-to-earnings ratio of -27.08 and a beta of -0.17.

Institutional Trading of Dawson Geophysical

A number of institutional investors have recently bought and sold shares of DWSN. Virtu Financial LLC bought a new position in shares of Dawson Geophysical during the fourth quarter worth approximately $29,000. Bridgeway Capital Management LLC raised its position in shares of Dawson Geophysical by 83.8% in the fourth quarter. Bridgeway Capital Management LLC now owns 21,710 shares of the oil and gas company’s stock valued at $34,000 after buying an additional 9,900 shares in the last quarter. HRT Financial LP bought a new stake in shares of Dawson Geophysical in the fourth quarter valued at approximately $26,000. Citadel Advisors LLC grew its position in Dawson Geophysical by 67.9% during the third quarter. Citadel Advisors LLC now owns 60,599 shares of the oil and gas company’s stock worth $107,000 after buying an additional 24,504 shares in the last quarter. Finally, Two Sigma Investments LP acquired a new stake in Dawson Geophysical during the third quarter worth approximately $52,000. Institutional investors own 7.86% of the company’s stock.

About Dawson Geophysical

Dawson Geophysical Company provides land-based seismic data acquisition services to the oil and gas industry. Through its subsidiaries, the company specializes in the design, deployment and operation of seismic crews that collect high-fidelity subsurface data. Its services support exploration and development programs by delivering two-dimensional (2D), three-dimensional (3D) and time-lapse (4D) seismic surveys that enable clients to make informed drilling and reservoir management decisions.

The company’s fleet includes vibratory and impulsive seismic sources, high-capacity source trucks, geophone sensor arrays and digital recording systems.