Obsidian Energy (OTCMKTS:OBELF) Trading Down 2.2% – Time to Sell?

Obsidian Energy Ltd. (OTCMKTS:OBELFGet Free Report)’s stock price was down 2.2% during trading on Thursday . The company traded as low as $5.83 and last traded at $5.86. Approximately 388,684 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 441,679 shares. The stock had previously closed at $5.99.

Obsidian Energy Trading Down 2.2 %

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 cap of $473.10 million, a price-to-earnings ratio of 1.41 and a beta of 2.47. The company has a 50 day moving average price of $5.61 and a 200 day moving average price of $6.23.

About Obsidian Energy

(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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