Pulse Seismic (TSE:PSD) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Pulse Seismic Inc. (TSE:PSD) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.38 and traded as high as C$2.38. Pulse Seismic shares last traded at C$2.38, with a volume of 1,520 shares traded.

Pulse Seismic Price Performance

The firm has a market capitalization of C$121.44 million, a price-to-earnings ratio of 9.88 and a beta of 0.68. The company’s 50 day moving average is C$2.36 and its 200 day moving average is C$2.38. The company has a quick ratio of 7.28, a current ratio of 4.05 and a debt-to-equity ratio of 1.11.

Pulse Seismic Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 28th. Stockholders of record on Thursday, November 28th were issued a dividend of $0.015 per share. The ex-dividend date was Thursday, November 14th. This represents a $0.06 annualized dividend and a dividend yield of 2.53%. Pulse Seismic’s dividend payout ratio is presently 25.00%.

About Pulse Seismic

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.