Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report)’s share price dropped 2.2% during trading on Thursday . The stock traded as low as $5.83 and last traded at $5.86. Approximately 388,684 shares traded hands during trading, a decline of 12% from the average daily volume of 441,679 shares. The stock had previously closed at $5.99.
Obsidian Energy Stock Down 0.9 %
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 50-day moving average of $5.60 and a 200 day moving average of $6.21. The stock has a market capitalization of $454.53 million, a price-to-earnings ratio of 1.35 and a beta of 2.47.
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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