Dawson Geophysical (NASDAQ:DWSN) Stock Price Crosses Above 200-Day Moving Average of $1.66

Dawson Geophysical (NASDAQ:DWSN)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.66 and traded as high as $1.77. Dawson Geophysical shares last traded at $1.69, with a volume of 18,249 shares changing hands.

Dawson Geophysical Stock Performance

The firm has a market capitalization of $47.45 million, a price-to-earnings ratio of -3.28 and a beta of 0.89. The stock’s fifty day moving average is $1.56 and its two-hundred day moving average is $1.65. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.04.

Dawson Geophysical (NASDAQ:DWSN) last issued its earnings results on Monday, April 1st. The oil and gas company reported ($0.07) earnings per share for the quarter. The firm had revenue of $24.26 million for the quarter. Dawson Geophysical had a negative return on equity of 38.29% and a negative net margin of 12.54%.

Dawson Geophysical Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, May 6th. Investors of record on Monday, April 22nd will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, April 19th. This represents a yield of 18.03%.

Dawson Geophysical Company Profile

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries and carbon capture sequestration projects.