Dawson Geophysical (NASDAQ:DWSN) Shares Cross Above 200-Day Moving Average of $1.66

Shares of Dawson Geophysical (NASDAQ:DWSN) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.66 and traded as high as $1.97. Dawson Geophysical shares last traded at $1.97, with a volume of 4,145 shares traded.

Dawson Geophysical Stock Performance

The firm’s 50 day moving average price is $1.81 and its 200-day moving average price is $1.66. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market capitalization of $60.70 million, a PE ratio of -7.58 and a beta of 0.75.

Dawson Geophysical (NASDAQ:DWSN) last posted its earnings results on Monday, May 13th. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $31.58 million for the quarter. Dawson Geophysical had a negative net margin of 5.95% and a negative return on equity of 19.46%.

Dawson Geophysical Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, May 6th. Investors of record on Monday, April 22nd were paid a $0.32 dividend. This represents a yield of 18.03%. The ex-dividend date was Friday, April 19th.

About Dawson Geophysical

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.