Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report)’s share price shot up 8.7% on Wednesday . The stock traded as high as $6.02 and last traded at $6.02. 724,204 shares changed hands during trading, an increase of 64% from the average session volume of 441,679 shares. The stock had previously closed at $5.54.
Obsidian Energy Stock Up 8.7 %
The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.55. The firm has a market cap of $486.02 million, a PE ratio of 1.44 and a beta of 2.47. The company’s 50 day moving average price is $6.46 and its two-hundred day moving average price is $7.33.
About Obsidian Energy
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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