Pulse Seismic (TSE:PSD) Reaches New 12-Month High – Time to Buy?

Pulse Seismic Inc. (TSE:PSD)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as C$4.59 and last traded at C$4.56, with a volume of 38621 shares traded. The stock had previously closed at C$4.47.

Pulse Seismic Price Performance

The stock’s 50 day moving average is C$3.73 and its two-hundred day moving average is C$3.46. The stock has a market capitalization of C$231.77 million, a PE ratio of 9.93 and a beta of 0.44. The company has a debt-to-equity ratio of 1.06, a current ratio of 4.93 and a quick ratio of 7.28.

Pulse Seismic (TSE:PSD) last issued its earnings results on Tuesday, February 24th. The company reported C$0.04 EPS for the quarter. The firm had revenue of C$6.60 million during the quarter. Pulse Seismic had a net margin of 45.25% and a return on equity of 110.53%. As a group, sell-side analysts forecast that Pulse Seismic Inc. will post 0.0407643 earnings per share for the current fiscal year.

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.