Dawson Geophysical (NASDAQ:DWSN) Short Interest Down 15.5% in October

Dawson Geophysical (NASDAQ:DWSN) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 9,800 shares, a drop of 15.5% from the October 15th total of 11,600 shares. Based on an average daily trading volume, of 10,100 shares, the short-interest ratio is presently 1.0 days.

Dawson Geophysical Stock Down 5.2 %

NASDAQ DWSN traded down $0.08 during trading hours on Friday, hitting $1.48. The company’s stock had a trading volume of 1,439 shares, compared to its average volume of 14,413. The company has a market capitalization of $45.82 million, a PE ratio of -8.22 and a beta of 0.68. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.06. Dawson Geophysical has a 52 week low of $1.27 and a 52 week high of $2.22. The company’s 50-day simple moving average is $1.62 and its two-hundred day simple moving average is $1.74.

Dawson Geophysical Company Profile

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.