Pulse Seismic (TSE:PSD) Sets New 52-Week High – Time to Buy?

Pulse Seismic Inc. (TSE:PSD)’s share price hit a new 52-week high on Wednesday . The stock traded as high as C$2.52 and last traded at C$2.50, with a volume of 5700 shares. The stock had previously closed at C$2.45.

Pulse Seismic Trading Up 3.7 %

The firm has a market capitalization of C$130.15 million, a price-to-earnings ratio of 10.58 and a beta of 0.68. The company has a fifty day moving average price of C$2.36 and a two-hundred day moving average price of C$2.38. The company has a current ratio of 4.05, a quick ratio of 7.28 and a debt-to-equity ratio of 1.11.

Pulse Seismic Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 28th. Investors of record on Thursday, November 28th were issued a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date was Thursday, November 14th. Pulse Seismic’s dividend payout ratio is presently 25.00%.

About Pulse Seismic

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.