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Obsidian Energy (OTCMKTS:OBELF) Trading 1.9% Higher - Still a Buy?

Obsidian Energy logo with Energy background

Obsidian Energy Ltd. (OTCMKTS:OBELF - Get Free Report) shares rose 1.9% during mid-day trading on Monday . The stock traded as high as $4.81 and last traded at $4.76. Approximately 331,300 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 441,679 shares. The stock had previously closed at $4.67.

Obsidian Energy Price Performance

The company has a 50 day simple moving average of $4.86 and a 200-day simple moving average of $5.27. The stock has a market cap of $399.63 million, a price-to-earnings ratio of 1.19 and a beta of 2.47. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.55.

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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