Pulse Seismic (TSE:PSD) Stock Price Down 1.7% – Time to Sell?

Pulse Seismic Inc. (TSE:PSD)’s stock price dropped 1.7% during mid-day trading on Tuesday . The company traded as low as C$2.20 and last traded at C$2.31. 5,205 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 16,307 shares. The stock had previously closed at C$2.35.

Pulse Seismic Trading Down 1.7 %

The stock has a market capitalization of C$118.36 million, a PE ratio of 9.63 and a beta of 0.68. The company has a current ratio of 4.05, a quick ratio of 7.28 and a debt-to-equity ratio of 1.11. The firm has a 50-day moving average price of C$2.32 and a 200-day moving average price of C$2.39.

Pulse Seismic Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, November 28th. Shareholders of record on Thursday, November 28th were paid a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date was Thursday, November 14th. Pulse Seismic’s payout ratio is 25.00%.

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.