Pulse Seismic (TSE:PSD) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Pulse Seismic Inc. (TSE:PSDGet Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.39 and traded as high as C$2.50. Pulse Seismic shares last traded at C$2.48, with a volume of 4,500 shares.

Pulse Seismic Price Performance

The company has a current ratio of 3.85, a quick ratio of 7.28 and a debt-to-equity ratio of 1.25. The company’s 50-day moving average price is C$2.48 and its two-hundred day moving average price is C$2.39. The company has a market cap of C$132.18 million, a P/E ratio of 12.16 and a beta of 0.68.

About Pulse Seismic

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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.

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