Dawson Geophysical (NASDAQ:DWSN) released its quarterly earnings data on Thursday. The oil and gas company reported ($0.21) EPS for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.07, Morningstar.com reports. Dawson Geophysical had a negative net margin of 22.90% and a negative return on equity of 21.66%.
Dawson Geophysical (NASDAQ DWSN) traded down $0.12 during trading hours on Thursday, hitting $5.51. 158,200 shares of the stock were exchanged, compared to its average volume of 62,052. Dawson Geophysical has a one year low of $3.70 and a one year high of $7.62. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 0.04.
DWSN has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Dawson Geophysical from a “hold” rating to a “buy” rating and set a $5.50 price objective for the company in a report on Tuesday, November 7th. ValuEngine raised shares of Dawson Geophysical from a “strong sell” rating to a “sell” rating in a report on Tuesday, January 9th.
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About Dawson Geophysical
Dawson Geophysical Company, formerly TGC Industries, Inc, is a provider of onshore seismic data acquisition and processing services with operations throughout the United States and Canada. The Company acquires and processes two-dimensional (2-D), three-dimensional (3-D) and multi-component seismic data for its clients, ranging from oil and gas companies to independent oil and gas operators, as well as providers of multi-client data libraries.
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