Dawson Geophysical Co. (DWSN) Stock Price Up 2.3%
Dawson Geophysical Co. (NASDAQ:DWSN) rose 2.3% during trading on Tuesday . The company traded as high as $7.57 and last traded at $7.49, with a volume of 104,149 shares changing hands. The stock had previously closed at $7.32.
DWSN has been the topic of a number of recent analyst reports. 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 cut shares of Dawson Geophysical from a “buy” rating to a “sell” rating in a report on Wednesday, August 10th.
The stock has a 50 day moving average of $7.65 and a 200 day moving average of $5.76. The company’s market cap is $162.16 million.
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 shares were sold at an average price of $7.48, for a total value of $79,751.76. Following the completion of the sale, the executive vice president now directly owns 56,897 shares of the company’s stock, valued at approximately $425,589.56. The transaction was disclosed in a 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.
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