Pulse Seismic (TSE:PSD) Reaches New 12-Month High – What’s Next?

Pulse Seismic Inc. (TSE:PSD) reached a new 52-week high on Wednesday . The company traded as high as C$2.52 and last traded at C$2.50, with a volume of 5700 shares trading hands. The stock had previously closed at C$2.45.

Pulse Seismic Price Performance

The stock has a 50 day simple moving average of C$2.36 and a two-hundred day simple moving average of C$2.38. The firm has a market cap of C$130.15 million, a PE ratio of 10.58 and a beta of 0.68. The company has a debt-to-equity ratio of 1.11, a quick ratio of 7.28 and a current ratio of 4.05.

Pulse Seismic Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 28th. Shareholders of record on Thursday, November 28th were paid a dividend of $0.015 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 2.36%. Pulse Seismic’s payout ratio is currently 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.