Dawson Geophysical Co. (DWSN) Stock Price Up 3.7%
Dawson Geophysical Co. (NASDAQ:DWSN) rose 3.7% during trading on Friday . The company traded as high as $7.66 and last traded at $7.59, with a volume of 55,870 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. raised 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 Dawson Geophysical from a “sell” rating to a “hold” rating in a report on Wednesday, May 11th.
The firm’s market cap is $164.54 million. The company’s 50 day moving average price is $7.47 and its 200-day moving average price is $6.10.
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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