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

Obsidian Energy Ltd. (TSE:OBE) Senior Officer Mark Kristian Rodger Hawkins sold 25,075 shares of Obsidian Energy stock in a transaction dated 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 Stock Performance

Shares of TSE:OBE opened at C$8.18 on Friday. The company has a quick ratio of 0.41, a current ratio of 0.49 and a debt-to-equity ratio of 22.94. Obsidian Energy Ltd. has a 12-month low of C$7.36 and a 12-month high of C$12.37. The company’s 50 day moving average price is C$8.13 and its two-hundred day moving average price is C$9.44. The firm has a market cap of C$621.76 million, a PE ratio of 6.24, a PEG ratio of 0.08 and a beta of 2.30.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on OBE. Raymond James raised Obsidian Energy to a “strong-buy” rating in a report on Thursday, October 17th. Royal Bank of Canada cut their price objective on shares of Obsidian Energy from C$15.00 to C$13.00 in a research report on Tuesday, September 17th.

Obsidian Energy Company Profile

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.