Pulse Seismic (TSE:PSD) Announces Quarterly Earnings Results

Pulse Seismic (TSE:PSD) announced its earnings results on Thursday. The company reported C$0.22 EPS for the quarter, FiscalAI reports. Pulse Seismic had a net margin of 45.05% and a return on equity of 89.89%. The firm had revenue of C$17.31 million for the quarter.

Pulse Seismic Stock Down 0.3%

Shares of PSD opened at C$3.15 on Friday. The company has a quick ratio of 7.28, a current ratio of 4.82 and a debt-to-equity ratio of 0.45. The stock has a market cap of C$159.75 million, a price-to-earnings ratio of 315.00 and a beta of 0.16. Pulse Seismic has a 12 month low of C$2.67 and a 12 month high of C$5.24. The company has a 50-day moving average price of C$3.02 and a two-hundred day moving average price of C$3.31.

Pulse Seismic Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, August 25th were given a $0.0187 dividend. This represents a $0.07 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, August 11th. Pulse Seismic’s dividend payout ratio is 712.50%.

Insider Buying and Selling

In other Pulse Seismic news, Director Neal James Coleman sold 417,700 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were 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. 22.95% of the stock is currently owned by corporate insiders.

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.