Obsidian Energy Ltd. (OTCMKTS:OBELF – Get Free Report) fell 2.2% during trading on Thursday . The company traded as low as $5.83 and last traded at $5.86. 388,684 shares traded hands during trading, a decline of 12% from the average session volume of 441,679 shares. The stock had previously closed at $5.99.
Obsidian Energy Stock Performance
The company’s fifty day simple moving average is $5.60 and its two-hundred day simple moving average is $6.21. The company has a market capitalization of $454.53 million, a price-to-earnings ratio of 1.35 and a beta of 2.47. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.54 and a current ratio of 0.54.
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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