Obsidian Energy (OTCMKTS:OBELF) Shares Up 1.1% – Still a Buy?

Obsidian Energy Ltd. (OTCMKTS:OBELFGet Free Report)’s stock price traded up 1.1% on Thursday . The company traded as high as $5.6925 and last traded at $5.66. 283,793 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 441,679 shares. The stock had previously closed at $5.60.

Obsidian Energy Stock Up 1.1%

The company has a market capitalization of $456.95 million, a price-to-earnings ratio of 1.36 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. The firm’s 50 day simple moving average is $6.01 and its 200-day simple moving average is $5.92.

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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