Obsidian Energy Ltd. (TSE:OBE - Get Free Report) Senior Officer Gareth Robin Sykes sold 5,150 shares of the firm's stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of C$8.18, for a total value of C$42,127.00.
Obsidian Energy Stock Down 1.2%
Shares of TSE OBE traded down C$0.10 during trading on Wednesday, hitting C$8.08. 222,344 shares of the company traded hands, compared to its average volume of 376,857. The company has a debt-to-equity ratio of 20.55, a quick ratio of 0.41 and a current ratio of 0.45. The business's fifty day moving average is C$6.67 and its 200 day moving average is C$7.40. Obsidian Energy Ltd. has a fifty-two week low of C$5.35 and a fifty-two week high of C$10.72. The firm has a market capitalization of C$614.12 million, a price-to-earnings ratio of 5.26, a P/E/G ratio of 0.08 and a beta of 2.30.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on OBE shares. Raymond James Financial dropped their target price on Obsidian Energy from C$10.00 to C$9.00 and set a "market perform" rating on the stock in a research report on Thursday, May 8th. BMO Capital Markets increased their price target on shares of Obsidian Energy from C$12.00 to C$14.00 in a report on Thursday, February 20th. Finally, Royal Bank Of Canada dropped their price objective on shares of Obsidian Energy from C$10.00 to C$9.00 and set a "sector perform" rating for the company in a research note on Thursday, May 8th.
Check Out Our Latest Stock Report on OBE
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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