Dawson Geophysical Co. (NASDAQ:DWSN)’s share price rose 3.4% on Monday . The stock traded as high as $7.88 and last traded at $7.68, with a volume of 89,705 shares changing hands. The stock had previously closed at $7.43.

A number of equities analysts have 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 target price for the company in a research report on Wednesday, May 11th. Zacks Investment Research upgraded shares of Dawson Geophysical from a “sell” rating to a “hold” rating in a research report on Wednesday, May 11th.

The stock’s market capitalization is $154.60 million. The company’s 50-day moving average price is $7.67 and its 200-day moving average price is $5.61.

Dawson Geophysical (NASDAQ:DWSN) last posted its quarterly earnings results on Tuesday, May 10th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by $0.05. The firm earned $47.10 million during the quarter, compared to analysts’ expectations of $73.70 million. Equities research analysts predict that Dawson Geophysical Co. will post ($1.38) EPS for the current fiscal year.

In other Dawson Geophysical 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 value of $79,751.76. Following the completion of the transaction, 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 available 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.