Dawson Geophysical (NASDAQ:DWSN) Issues Earnings Results

Dawson Geophysical (NASDAQ:DWSN) released its earnings results on Friday. The oil and gas company reported ($0.03) earnings per share for the quarter, Zacks reports. Dawson Geophysical had a negative net margin of 6.55% and a negative return on equity of 21.54%.

Dawson Geophysical Trading Up 1.6 %

Dawson Geophysical stock traded up $0.02 during midday trading on Friday, hitting $1.31. 5,844 shares of the stock were exchanged, compared to its average volume of 23,288. Dawson Geophysical has a 52 week low of $1.14 and a 52 week high of $2.22. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $40.59 million, a PE ratio of -7.28 and a beta of 0.60. The company has a fifty day simple moving average of $1.39 and a two-hundred day simple moving average of $1.48.

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.