Pulse Seismic (TSE:PSD) Stock Price Down 5.9% – What’s Next?

Pulse Seismic Inc. (TSE:PSD) dropped 5.9% during trading on Friday . The company traded as low as C$4.82 and last traded at C$4.82. Approximately 48,327 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 53,818 shares. The stock had previously closed at C$5.12.

Pulse Seismic Stock Down 9.2%

The company has a current ratio of 4.93, a quick ratio of 7.28 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of C$235.82 million, a P/E ratio of 10.11 and a beta of 0.36. The company has a 50 day simple moving average of C$3.94 and a two-hundred day simple moving average of C$3.50.

Pulse Seismic (TSE:PSD) last announced its quarterly earnings data on Tuesday, February 24th. The company reported C$0.04 earnings per share (EPS) for the quarter. Pulse Seismic had a net margin of 45.25% and a return on equity of 110.53%. The business had revenue of C$6.60 million during the quarter. On average, equities analysts predict that Pulse Seismic Inc. will post 0.0407643 EPS for the current fiscal year.

Pulse Seismic Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 26th will be paid a dividend of $0.0175 per share. This represents a $0.07 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, March 19th. Pulse Seismic’s dividend payout ratio (DPR) is presently 14.67%.

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.