Pulse Seismic (TSE:PSD) Shares Cross Above 200 Day Moving Average – Time to Sell?

Pulse Seismic Inc. (TSE:PSD)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.38 and traded as high as C$2.40. Pulse Seismic shares last traded at C$2.40, with a volume of 7,559 shares traded.

Pulse Seismic Stock Up 3.0 %

The stock has a market capitalization of C$122.98 million, a P/E ratio of 10.00 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’s fifty day moving average is C$2.31 and its 200-day moving average is C$2.38.

Pulse Seismic Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 28th. Stockholders of record on Thursday, November 28th were paid a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend was Thursday, November 14th. Pulse Seismic’s dividend payout ratio (DPR) is currently 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.