Obsidian Energy Ltd (AMEX: OBE) Emerges As Guiding Light For Investors

Obsidian Energy Ltd (AMEX:OBE) currently has a daily average trading volume of 389.86K but it saw 186934 shares traded in last market. With a market cap of 448.46M USD, the company’s current market price of $5.90 came falling about -1.50 while comparing to the previous closing price of $5.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.06 and as low as $4.87. In the recent trading on the day, stock has struck highest price mark of $5.841 while lowest mark touched by it was $5.97.

Taking a look at 20-day trading activity of Obsidian Energy Ltd (OBE) gives us an average price of $5.47, while its current price level is -34.91% below from 52-week high level whereas it is 21.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.61 while that of 200 days or SMA-200 reads an average of $6.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.11% during that period while stretching the period over a month that increases to 4.09%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 60.00 which implies that the stock is in neutral territory.

Over the week, OBE’s stock price is moving 1.90% up while it is 11.32% when we observe its performance for the past one month. Year-to-date it is 1.90% up and over the past year, the stock is showing a downside performance of -11.94%.

Currently, Obsidian Energy Ltd’s total number of outstanding shares is 75.25M. Company’s return on investment (ROI) stands at 5.75% and return on equity (ROE) at 6.93%. It has a price to earnings ratio (P/E ratio) of 5.53 while having a 2.86 of forward P/E ratio. Stock’s beta reads 1.46. Stock has a price to book (P/B) ratio of 0.35 while price to sale or P/S ratio amounts to 0.88. Its return on asset (ROA) is 5.00% on average.