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

Shares of Dawson Geophysical (NASDAQ:DWSN) crossed 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 traded.

Dawson Geophysical Price Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.67 and a quick ratio of 1.67. The firm has a market cap of $52.07 million, a price-to-earnings ratio of -3.60 and a beta of 0.89. The business’s 50-day moving average price is $1.56 and its two-hundred day moving average price is $1.66.

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

Dawson Geophysical Announces Dividend

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

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.