Shares of Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report) shot up 7.1% on Tuesday . The company traded as high as $6.05 and last traded at $6.00. 682,129 shares were traded during trading, an increase of 54% from the average session volume of 441,679 shares. The stock had previously closed at $5.60.
Obsidian Energy Price Performance
The stock’s 50 day moving average is $6.07 and its two-hundred day moving average is $6.97. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.54 and a quick ratio of 0.54. The stock has a market capitalization of $488.44 million, a PE ratio of 1.44 and a beta of 2.47.
Obsidian Energy Company Profile
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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