Obsidian Energy (OTCMKTS:OBELF) Shares Up 2.7% – Here’s Why

Obsidian Energy Ltd. (OTCMKTS:OBELFGet Free Report) shares were up 2.7% on Tuesday . The stock traded as high as $5.31 and last traded at $5.28. Approximately 365,660 shares were traded during trading, a decline of 17% from the average daily volume of 441,679 shares. The stock had previously closed at $5.14.

Obsidian Energy Trading Up 2.7%

The stock has a market cap of $426.28 million, a P/E ratio of 1.27 and a beta of 2.47. The firm’s fifty day moving average price is $4.66 and its two-hundred day moving average price is $5.22. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.54 and a quick ratio of 0.54.

About Obsidian Energy

(Get Free Report)

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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