Obsidian Energy Ltd. (TSE:OBE - Get Free Report) Senior Officer Mark Kristian Rodger Hawkins sold 25,000 shares of the company's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of C$7.56, for a total transaction of C$189,000.00.
Obsidian Energy Price Performance
OBE stock traded up C$0.22 during trading on Tuesday, hitting C$8.52. The company had a trading volume of 282,394 shares, compared to its average volume of 287,080. The firm has a market capitalization of C$647.57 million, a price-to-earnings ratio of 5.55, a P/E/G ratio of 0.08 and a beta of 2.30. The company has a current ratio of 0.45, a quick ratio of 0.41 and a debt-to-equity ratio of 20.55. The business has a 50 day moving average of C$7.76 and a 200 day moving average of C$7.92. Obsidian Energy Ltd. has a fifty-two week low of C$6.85 and a fifty-two week high of C$12.37.
Analyst Upgrades and Downgrades
OBE has been the subject of several recent analyst reports. Royal Bank of Canada lowered their target price on Obsidian Energy from C$13.00 to C$12.00 in a research note on Tuesday, January 14th. BMO Capital Markets lifted their price objective on shares of Obsidian Energy from C$12.00 to C$14.00 in a report on Thursday, February 20th.
View Our Latest Stock Report on Obsidian Energy
About Obsidian Energy
(
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Obsidian Energy Ltd. engages in the exploration, production, and development of oil and natural gas properties in the Western Canada. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.
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