Obsidian Energy Ltd. (TSE:OBE - Get Free Report) Senior Officer William Clifford Swadling sold 28,572 shares of the firm's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of C$7.97, for a total value of C$227,718.84.
Obsidian Energy Price Performance
OBE traded up C$0.11 on Thursday, hitting C$8.17. 241,719 shares of the company's stock traded hands, compared to its average volume of 376,950. The company's 50 day simple moving average is C$6.70 and its 200-day simple moving average is C$7.41. The company has a current ratio of 0.45, a quick ratio of 0.41 and a debt-to-equity ratio of 20.55. Obsidian Energy Ltd. has a one year low of C$5.35 and a one year high of C$10.72. The firm has a market cap of C$620.96 million, a price-to-earnings ratio of 5.32, a P/E/G ratio of 0.08 and a beta of 2.30.
Wall Street Analyst Weigh In
A number of research firms have weighed in on OBE. Royal Bank Of Canada dropped their price target 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 report on Thursday, May 8th. Raymond James Financial lowered their target price on shares of Obsidian Energy from C$10.00 to C$9.00 and set a "market perform" rating on the stock in a research note on Thursday, May 8th. Finally, BMO Capital Markets increased their price target on Obsidian Energy from C$12.00 to C$14.00 in a research note on Thursday, February 20th.
Read Our Latest Report on Obsidian Energy
Obsidian Energy Company Profile
(
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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.
Further Reading
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