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Birchcliff Energy (OTCMKTS:BIREF) Shares Cross Below 50-Day Moving Average - Should You Sell?

Birchcliff Energy logo with Oils/Energy background

Birchcliff Energy Ltd. (OTCMKTS:BIREF - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.19 and traded as low as $3.85. Birchcliff Energy shares last traded at $3.86, with a volume of 112,057 shares traded.

Birchcliff Energy Price Performance

The firm's 50-day moving average is $4.19 and its 200-day moving average is $4.28. The company has a market capitalization of $1.04 billion, a PE ratio of 35.09 and a beta of 0.62. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.22.

Birchcliff Energy (OTCMKTS:BIREF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $107.42 million during the quarter. Birchcliff Energy had a net margin of 6.05% and a return on equity of 1.82%. Equities analysts predict that Birchcliff Energy Ltd. will post 0.73 earnings per share for the current fiscal year.

Birchcliff Energy Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were given a dividend of $0.073 per share. This represents a dividend yield of 6.99%. The ex-dividend date of this dividend was Friday, September 13th. Birchcliff Energy's dividend payout ratio is currently 263.64%.

Birchcliff Energy Company Profile

(Get Free Report)

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.

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