Insider Selling: Pulse Seismic (TSE:PSD) Director Sells C$1,190,445.00 in Stock

Pulse Seismic Inc. (TSE:PSD) Director Neal James Coleman sold 417,700 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of C$2.85, for a total value of C$1,190,445.00. Following the completion of the transaction, the director directly owned 17 shares in the company, valued at approximately C$48.45. This represents a 100.00% decrease in their position.

Neal James Coleman also recently made the following trade(s):

• On Tuesday, August 11th, Neal James Coleman sold 5,000 shares of Pulse Seismic stock. The shares were sold at an average price of C$3.00, for a total value of C$15,000.00.

Pulse Seismic Stock Performance

Shares of Pulse Seismic stock opened at C$2.93 on Monday. Pulse Seismic Inc. has a 1 year low of C$2.67 and a 1 year high of C$5.24. The firm has a market cap of C$148.59 million, a PE ratio of 293.00 and a beta of 0.21. The stock has a fifty day moving average price of C$3.21 and a 200-day moving average price of C$3.68. The company has a debt-to-equity ratio of 1.31, a current ratio of 7.25 and a quick ratio of 7.28.

Pulse Seismic (TSE:PSD) last released its earnings results on Tuesday, July 28th. The company reported C$0.03 EPS for the quarter. The company had revenue of C$3.61 million for the quarter. Pulse Seismic had a return on equity of 2.74% and a net margin of 2.42%. Equities research analysts anticipate that Pulse Seismic Inc. will post 0.0407643 EPS for the current year.

Pulse Seismic Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 25th will be given a $0.0187 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.07 annualized dividend and a yield of 2.6%. Pulse Seismic’s payout ratio is currently 712.50%.

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.