Dawson Geophysical (NASDAQ:DWSN) Issues Quarterly Earnings Results

Dawson Geophysical (NASDAQ:DWSNGet Free Report) posted its quarterly earnings data on Monday. The oil and gas company reported ($0.07) earnings per share for the quarter, reports. The company had revenue of $24.26 million for the quarter. Dawson Geophysical had a negative return on equity of 46.23% and a negative net margin of 14.69%.

Dawson Geophysical Price Performance

Shares of NASDAQ DWSN opened at $1.61 on Thursday. The stock has a fifty day moving average price of $1.52 and a 200 day moving average price of $1.71. Dawson Geophysical has a 1-year low of $1.27 and a 1-year high of $2.65. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 0.03.

Hedge Funds Weigh In On Dawson Geophysical

A hedge fund recently bought a new stake in Dawson Geophysical stock. Citadel Advisors LLC bought a new position in shares of Dawson Geophysical (NASDAQ:DWSNFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,759 shares of the oil and gas company’s stock, valued at approximately $31,000. Citadel Advisors LLC owned approximately 0.05% of Dawson Geophysical at the end of the most recent quarter. Institutional investors own 7.86% of the company’s stock.

Dawson Geophysical Company Profile

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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.

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Earnings History for Dawson Geophysical (NASDAQ:DWSN)

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