Pulse Seismic (TSE:PSD) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Pulse Seismic Inc. (TSE:PSD) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.64 and traded as high as C$3.71. Pulse Seismic shares last traded at C$3.67, with a volume of 69,792 shares.

Pulse Seismic Trading Down 0.5%

The company has a 50 day moving average of C$4.26 and a 200-day moving average of C$3.64. The company has a debt-to-equity ratio of 1.36, a quick ratio of 7.28 and a current ratio of 3.16. The stock has a market cap of C$186.12 million, a price-to-earnings ratio of 21.59 and a beta of 0.38.

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

Pulse Seismic Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Tuesday, May 26th will be paid a dividend of $0.0187 per share. This represents a $0.07 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, May 12th. This is a positive change from Pulse Seismic’s previous quarterly dividend of $0.02. Pulse Seismic’s dividend payout ratio is currently 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.