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Obsidian Energy (OTCMKTS:OBELF) Shares Down 0.3% - Time to Sell?

Obsidian Energy logo with Energy background

Obsidian Energy Ltd. (OTCMKTS:OBELF - Get Free Report)'s share price dropped 0.3% during mid-day trading on Thursday . The stock traded as low as $5.93 and last traded at $6.00. Approximately 254,854 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 441,679 shares. The stock had previously closed at $6.02.

Obsidian Energy Price Performance

The firm's fifty day moving average price is $5.41 and its 200-day moving average price is $5.61. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.55. The stock has a market cap of $359.27 million, a P/E ratio of 1.07 and a beta of 2.47.

About Obsidian Energy

(Get Free Report)

Obsidian Energy Ltd. is an exploration and production company. The firm engages in exploring, developing, and holds interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests.

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