The price of Obsidian Energy Ltd (AMEX:OBE) shares last traded on Wall Street fell -0.88% to $5.63.
OBE stock price is now 0.04% away from the 50-day moving average and -15.71% away from the 200-day moving average. The market capitalization of the company currently stands at $427.94M.
, while ‘RBC Capital Mkts’ rates the stock as ‘Outperform’
In other news, Faust Michael, Officer bought 40,058 shares of the company’s stock on Nov 07 ’24. The stock was bought for $243,552 at an average price of $6.08. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 20 ’24, Director Faust Michael bought 40,058 shares of the business’s stock. A total of $231,134 was incurred on buying the stock at an average price of $5.77. A total of 3.54% of the company’s stock is owned by insiders.
During the past 12 months, Obsidian Energy Ltd has had a low of $4.87 and a high of $9.06. As of last week, the company has a debt-to-equity ratio of 0.21, a current ratio of 0.45, and a quick ratio of 0.45. The fifty day moving average price for OBE is $5.6276 and a two-hundred day moving average price translates $6.67915 for the stock.
The latest earnings results from Obsidian Energy Ltd (AMEX: OBE) was released for 2024-09-30. The net profit margin was 16.68% and return on equity was 6.93% for OBE. The company reported revenue of $159.94 million for the quarter, compared to $149.36 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.09 percent.
