Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report)’s share price fell 0.3% on Thursday . The company traded as low as $5.93 and last traded at $6.00. 254,854 shares were traded during mid-day trading, a decline of 42% from the average session volume of 441,679 shares. The stock had previously closed at $6.02.
Obsidian Energy Price Performance
The company has a debt-to-equity ratio of 0.55, a current ratio of 0.54 and a quick ratio of 0.54. The stock has a market capitalization of $367.34 million, a price-to-earnings ratio of 1.09 and a beta of 2.47. The business’s fifty day moving average price is $5.46 and its 200-day moving average price is $5.64.
Obsidian Energy Company Profile
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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