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Obsidian Energy (OTCMKTS:OBELF) Trading 0.4% Higher - Time to Buy?

Obsidian Energy logo with Oils/Energy background

Obsidian Energy Ltd. (OTCMKTS:OBELF - Get Free Report)'s share price rose 0.4% on Tuesday . The stock traded as high as $5.44 and last traded at $5.33. Approximately 165,444 shares were traded during trading, a decline of 63% from the average daily volume of 441,679 shares. The stock had previously closed at $5.31.

Obsidian Energy Price Performance

The stock has a market capitalization of $483.60 million, a P/E ratio of 1.44 and a beta of 2.47. The company's 50 day simple moving average is $5.49 and its two-hundred day simple moving average is $5.86. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.54 and a quick ratio of 0.54.

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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