Dawson Geophysical Co. (DWSN) Trading Up 3.7%
Dawson Geophysical Co. (NASDAQ:DWSN)’s share price was up 3.7% on Friday . The company traded as high as $7.66 and last traded at $7.59, with a volume of 55,870 shares traded. The stock had previously closed at $7.32.
A number of equities analysts have weighed in on DWSN shares. Zacks Investment Research raised Dawson Geophysical from a “hold” rating to a “buy” rating and set a $9.00 price objective on the stock in a research note on Wednesday, July 20th. Raymond James Financial Inc. lowered Dawson Geophysical from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 25th.
The firm has a 50-day moving average price of $7.47 and a 200-day moving average price of $6.09. The company’s market cap is $164.54 million.
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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