Obsidian Energy Ltd. (TSE:OBE) Senior Officer Sells C$214,391.25 in Stock

Obsidian Energy Ltd. (TSE:OBE) Senior Officer Mark Kristian Rodger Hawkins sold 25,075 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of C$8.55, for a total value of C$214,391.25.

Obsidian Energy Stock Performance

Shares of TSE:OBE traded down C$0.27 during trading on Friday, reaching C$8.18. 221,055 shares of the stock were exchanged, compared to its average volume of 171,547. The company has a current ratio of 0.49, a quick ratio of 0.41 and a debt-to-equity ratio of 22.94. The stock has a 50-day moving average price of C$8.16 and a 200-day moving average price of C$9.46. Obsidian Energy Ltd. has a 12 month low of C$7.36 and a 12 month high of C$12.37. The firm has a market cap of C$621.76 million, a PE ratio of 6.45, a PEG ratio of 0.08 and a beta of 2.30.

Analyst Ratings Changes

Several research analysts recently issued reports on OBE shares. Royal Bank of Canada reduced their price target on shares of Obsidian Energy from C$15.00 to C$13.00 in a research report on Tuesday, September 17th. Raymond James raised Obsidian Energy to a “strong-buy” rating in a research note on Thursday, October 17th.

Obsidian Energy Company Profile

Obsidian Energy Ltd. engages in the exploration, production, and development of oil and natural gas properties in the Western Canada. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.