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Obsidian Energy (OTCMKTS:OBELF) Shares Down 5% - Time to Sell?

Obsidian Energy logo with Oils/Energy background

Obsidian Energy Ltd. (OTCMKTS:OBELF - Get Free Report)'s stock price was down 5% during mid-day trading on Monday . The company traded as low as $5.08 and last traded at $5.14. Approximately 674,874 shares traded hands during trading, an increase of 53% from the average daily volume of 441,679 shares. The stock had previously closed at $5.41.

Obsidian Energy Price Performance

The business has a fifty day moving average price of $5.76 and a 200-day moving average price of $6.47. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $414.97 million, a PE ratio of 1.23 and a beta of 2.47.

Obsidian Energy Company Profile

(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.

Further Reading

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