Obsidian Energy (OTCMKTS:OBELF) Trading Down 1.9% – Should You Sell?

Shares of Obsidian Energy Ltd. (OTCMKTS:OBELFGet Free Report) fell 1.9% during mid-day trading on Wednesday . The company traded as low as $5.55 and last traded at $5.55. 200,480 shares were traded during mid-day trading, a decline of 55% from the average session volume of 441,679 shares. The stock had previously closed at $5.66.

Obsidian Energy Price Performance

The business has a fifty day moving average of $5.73 and a 200-day moving average of $5.28. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.54 and a current ratio of 0.54. The firm has a market capitalization of $448.07 million, a P/E ratio of 1.33 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.

Recommended Stories

Receive News & Ratings for Obsidian Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Obsidian Energy and related companies with MarketBeat.com's FREE daily email newsletter.