Obsidian Energy Ltd. (TSE:OBE - Get Free Report) Director Michael Faust sold 11,658 shares of Obsidian Energy stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of C$8.15, for a total transaction of C$95,030.19.
Obsidian Energy Trading Down 1.5%
OBE stock traded down C$0.12 during midday trading on Wednesday, hitting C$8.06. The stock had a trading volume of 144,746 shares, compared to its average volume of 375,765. The company has a current ratio of 0.45, a quick ratio of 0.41 and a debt-to-equity ratio of 20.55. The firm has a market cap of C$612.60 million, a P/E ratio of 5.25, a price-to-earnings-growth ratio of 0.08 and a beta of 2.30. The business has a fifty day moving average price of C$6.67 and a two-hundred day moving average price of C$7.40. Obsidian Energy Ltd. has a 1-year low of C$5.35 and a 1-year high of C$10.72.
Analysts Set New Price Targets
Several research analysts recently issued reports on OBE shares. Royal Bank Of Canada lowered their target price on Obsidian Energy from C$10.00 to C$9.00 and set a "sector perform" rating for the company in a research report on Thursday, May 8th. Raymond James Financial lowered their price objective on Obsidian Energy from C$10.00 to C$9.00 and set a "market perform" rating for the company in a research report on Thursday, May 8th. Finally, BMO Capital Markets increased their target price on shares of Obsidian Energy from C$12.00 to C$14.00 in a research report on Thursday, February 20th.
Check Out Our Latest Research Report on Obsidian Energy
About Obsidian Energy
(
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Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin.
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