Pulse Seismic (TSE:PSD) Director Sells 5,000 Shares

Pulse Seismic Inc. (TSE:PSD) Director Neal James Coleman sold 5,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of C$3.00, for a total value of C$15,000.00. Following the sale, the director owned 417,717 shares in the company, valued at approximately C$1,253,151. This trade represents a 1.18% decrease in their position.

Pulse Seismic Stock Performance

TSE:PSD remained flat at C$2.98 during trading hours on Friday. The company had a trading volume of 54,401 shares, compared to its average volume of 48,871. The company has a 50-day simple moving average of C$3.25 and a two-hundred day simple moving average of C$3.71. The company has a market capitalization of C$151.13 million, a PE ratio of 298.00 and a beta of 0.21. Pulse Seismic Inc. has a 52-week low of C$2.67 and a 52-week high of C$5.24. The company has a debt-to-equity ratio of 1.31, a current ratio of 7.25 and a quick ratio of 7.28.

Pulse Seismic (TSE:PSD) last posted its earnings results on Tuesday, July 28th. The company reported C$0.03 EPS for the quarter. Pulse Seismic had a net margin of 2.42% and a return on equity of 2.74%. The firm had revenue of C$3.61 million for the quarter. On average, sell-side analysts forecast that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current year.

Pulse Seismic Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Tuesday, August 25th will be given a $0.0187 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.07 dividend on an annualized basis and a yield of 2.5%. Pulse Seismic’s dividend payout ratio (DPR) is presently 712.50%.

About Pulse Seismic

Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.