Dawson Geophysical Co. (NASDAQ:DWSN)’s share price was up 2.5% on Thursday . The stock traded as high as $8.00 and last traded at $7.80, with a volume of 104,339 shares traded. The stock had previously closed at $7.61.

Several equities analysts recently weighed in on DWSN shares. Raymond James Financial Inc. upgraded shares of Dawson Geophysical from a “market perform” rating to a “strong-buy” rating and set a $8.00 price target on the stock in a report on Wednesday, May 11th. Zacks Investment Research upgraded shares of Dawson Geophysical from a “sell” rating to a “hold” rating in a report on Wednesday, May 11th.

The firm’s market cap is $175.79 million. The firm has a 50-day moving average of $7.72 and a 200 day moving average of $5.07.

Dawson Geophysical (NASDAQ:DWSN) last released its earnings results on Tuesday, May 10th. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.35) by $0.05. The business earned $47.10 million during the quarter, compared to the consensus estimate of $73.70 million. Analysts expect that Dawson Geophysical Co. will post ($1.39) earnings per share for the current year.

In other news, EVP James W. Thomas sold 10,662 shares of the business’s stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $7.48, for a total transaction of $79,751.76. Following the completion of the transaction, the executive vice president now directly owns 56,897 shares of the company’s stock, valued at $425,589.56. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Dawson Geophysical Company, formerly TGC Industries, Inc, is a provider of onshore seismic data acquisition and processing services with operations throughout the United States and Canada. The Company acquires and processes two-dimensional (2-D), three-dimensional (3-D) and multi-component seismic data for its clients, ranging from oil and gas companies to independent oil and gas operators, as well as providers of multi-client data libraries.

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