Shares of Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report) fell 1.1% during trading on Thursday . The stock traded as low as $12.8201 and last traded at $13.01. 380,716 shares changed hands during trading, a decline of 14% from the average session volume of 441,679 shares. The stock had previously closed at $13.16.
Obsidian Energy Stock Down 1.1%
The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.54 and a current ratio of 0.54. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 3.12 and a beta of 2.47. The firm’s fifty day simple moving average is $10.22 and its 200 day simple moving average is $7.80.
About Obsidian Energy
Obsidian Energy Ltd. is a Calgary-based independent oil and gas company specializing in the exploration, development and production of light oil and natural gas. The company focuses on generating stable cash flow through low-cost operations and disciplined capital investment. Its upstream activities are centered on exploiting long-life assets with upside potential in established plays.
The company’s core operations are located within the Western Canadian Sedimentary Basin, primarily in Alberta’s Montney and Cardium formations.
Read More
- Five stocks we like better than Obsidian Energy
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for Obsidian Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Obsidian Energy and related companies with MarketBeat.com's FREE daily email newsletter.
