News stories about Dawson Geophysical (NASDAQ:DWSN) have trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dawson Geophysical earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 46.0181212682782 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Dawson Geophysical (NASDAQ DWSN) traded up 6.54% during midday trading on Wednesday, reaching $4.40. The company’s stock had a trading volume of 32,591 shares. The company’s market capitalization is $95.48 million. Dawson Geophysical has a 12-month low of $3.70 and a 12-month high of $9.00. The company’s 50-day moving average price is $4.04 and its 200 day moving average price is $4.70.
Dawson Geophysical (NASDAQ:DWSN) last released its quarterly earnings data on Thursday, August 3rd. The oil and gas company reported ($0.68) earnings per share for the quarter, missing the consensus estimate of ($0.41) by ($0.27). Dawson Geophysical had a negative return on equity of 26.45% and a negative net margin of 33.36%. The business had revenue of $30.47 million during the quarter. On average, equities research analysts forecast that Dawson Geophysical will post ($1.70) earnings per share for the current year.
A number of equities research analysts have weighed in on the company. Zacks Investment Research upgraded Dawson Geophysical from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. ValuEngine downgraded Dawson Geophysical from a “sell” rating to a “strong sell” rating in a report on Saturday, June 24th.
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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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