Dawson Geophysical Co. (DWSN) Stock Price Up 2.3%
Shares of Dawson Geophysical Co. (NASDAQ:DWSN) rose 2.3% on Tuesday . The company traded as high as $7.57 and last traded at $7.49, with a volume of 104,149 shares. The stock had previously closed at $7.32.
DWSN has been the topic of a number of research analyst reports. Raymond James Financial Inc. raised 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 raised shares of Dawson Geophysical from a “sell” rating to a “hold” rating in a report on Wednesday, May 11th.
The company has a 50-day moving average price of $7.65 and a 200 day moving average price of $5.72. The company’s market cap is $163.25 million.
In other news, EVP James W. Thomas sold 10,662 shares of the firm’s stock in a transaction dated Friday, June 3rd. The shares were sold at an average price of $7.48, for a total transaction of $79,751.76. Following the sale, the executive vice president now owns 56,897 shares of the company’s stock, valued at approximately $425,589.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.