Mark Kristian Rodger Hawkins Sells 25,075 Shares of Obsidian Energy Ltd. (TSE:OBE) Stock

Obsidian Energy Ltd. (TSE:OBE) Senior Officer Mark Kristian Rodger Hawkins sold 25,075 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of C$8.55, for a total value of C$214,391.25.

Obsidian Energy Trading Down 3.2 %

Obsidian Energy stock opened at C$8.18 on Monday. The stock has a 50-day moving average price of C$8.13 and a 200 day moving average price of C$9.44. Obsidian Energy Ltd. has a 52 week low of C$7.36 and a 52 week high of C$12.37. The stock has a market cap of C$621.76 million, a PE ratio of 6.24, a P/E/G ratio of 0.08 and a beta of 2.30. The company has a current ratio of 0.49, a quick ratio of 0.41 and a debt-to-equity ratio of 22.94.

Wall Street Analysts Forecast Growth

OBE has been the topic of a number of research analyst reports. Royal Bank of Canada decreased their target price on Obsidian Energy from C$15.00 to C$13.00 in a research report on Tuesday, September 17th. Raymond James upgraded shares of Obsidian Energy to a “strong-buy” rating in a research report on Thursday, October 17th.

About Obsidian Energy

Obsidian Energy Ltd. engages in the exploration, production, and development of oil and natural gas properties in the Western Canada. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.