Obsidian Energy Ltd. (TSE:OBE - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The stock traded as low as C$6.67 and last traded at C$6.67, with a volume of 81316 shares changing hands. The stock had previously closed at C$7.48.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. BMO Capital Markets increased their price target on shares of Obsidian Energy from C$12.00 to C$14.00 in a research report on Thursday, February 20th. Royal Bank of Canada lowered their price target on Obsidian Energy from C$13.00 to C$12.00 in a report on Tuesday, January 14th.
Check Out Our Latest Stock Report on Obsidian Energy
Obsidian Energy Stock Performance
The firm has a market capitalization of C$490.99 million, a price-to-earnings ratio of 4.21, a PEG 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 stock's 50-day moving average is C$7.68 and its 200-day moving average is C$7.89.
Insider Activity
In other Obsidian Energy news, Director Gordon Malcolm Ritchie acquired 4,229 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average price of C$7.94 per share, for a total transaction of C$33,578.26. Also, Senior Officer Mark Kristian Rodger Hawkins sold 25,000 shares of the business's stock in a transaction that occurred 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. In the last ninety days, insiders bought 5,329 shares of company stock worth $40,805. Insiders own 1.20% of the company's stock.
Obsidian Energy Company Profile
(
Get Free Report)
Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin.
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