Pulse Seismic (TSE:PSD) Hits New 1-Year High at $2.48

Pulse Seismic Inc. (TSE:PSD) shares reached a new 52-week high on Thursday . The company traded as high as C$2.48 and last traded at C$2.46, with a volume of 6106 shares traded. The stock had previously closed at C$2.42.

Pulse Seismic Price Performance

The company has a quick ratio of 7.28, a current ratio of 3.76 and a debt-to-equity ratio of 1.03. The company has a market cap of C$127.90 million, a price-to-earnings ratio of 8.79 and a beta of 0.71. The stock has a fifty day moving average price of C$2.31 and a two-hundred day moving average price of C$2.14.

Pulse Seismic (TSE:PSD) last posted its earnings results on Wednesday, April 24th. The company reported C$0.05 earnings per share for the quarter. The company had revenue of C$8.78 million during the quarter. Pulse Seismic had a return on equity of 47.51% and a net margin of 37.42%. As a group, sell-side analysts expect that Pulse Seismic Inc. will post 0.0433121 EPS for the current year.

Pulse Seismic Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Investors of record on Thursday, May 23rd were paid a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend was Monday, May 13th. This is an increase from Pulse Seismic’s previous quarterly dividend of $0.01. Pulse Seismic’s payout ratio is 21.43%.

About Pulse Seismic

Pulse Seismic Inc acquires, markets, and licenses two-dimensional (2D) and three-dimensional (3D) seismic data for the energy sector in Canada. The company also owns and manages a licensable seismic data library that consists of approximately 65,310 net square kilometers of 3D seismic; and 829,207 net linear kilometers of 2D seismic data.