Obsidian Energy (OTCMKTS:OBELF) Shares Up 4.2% – What’s Next?

Obsidian Energy Ltd. (OTCMKTS:OBELFGet Free Report)’s stock price shot up 4.2% during trading on Wednesday . The stock traded as high as $5.23 and last traded at $5.16. 481,746 shares traded hands during mid-day trading, an increase of 9% from the average session volume of 441,679 shares. The stock had previously closed at $4.95.

Obsidian Energy Price Performance

The business’s 50-day simple moving average is $5.50 and its two-hundred day simple moving average is $5.73. The stock has a market cap of $416.59 million, a price-to-earnings ratio of 1.24 and a beta of 2.47. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.54 and a quick ratio of 0.54.

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.

Further Reading

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