Obsidian Energy (OTCMKTS:OBELF) Trading Down 0.3% – What’s Next?

Obsidian Energy Ltd. (OTCMKTS:OBELFGet Free Report) fell 0.3% during trading on Thursday . The company traded as low as $5.93 and last traded at $6.00. 254,854 shares were traded during mid-day trading, a decline of 42% from the average session volume of 441,679 shares. The stock had previously closed at $6.02.

Obsidian Energy Trading Down 14.5 %

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 company has a market cap of $367.34 million, a price-to-earnings ratio of 1.09 and a beta of 2.47. The firm has a 50 day moving average price of $5.46 and a two-hundred day moving average price of $5.64.

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.

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