The stock of Obsidian Energy Ltd (OBE) has gone up by 2.05% for the week, with a -1.84% drop in the past month and a -5.61% drop in the past quarter. The volatility ratio for the week is 3.83%, and the volatility levels for the past 30 days are 3.39% for OBE. The simple moving average for the last 20 days is -3.51% for OBE stock, with a simple moving average of -21.73% for the last 200 days.
Is It Worth Investing in Obsidian Energy Ltd (AMEX: OBE) Right Now?
Obsidian Energy Ltd (AMEX: OBE) has a price-to-earnings ratio that is above its average at 5.07x. The stock has a 36-month beta value of 1.47. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for OBE is 73.32M, and at present, short sellers hold a 3.77% of that float. On December 13, 2024, the average trading volume of OBE was 375.64K shares.
OBE) stock’s latest price update
Obsidian Energy Ltd (AMEX: OBE) has seen a decline in its stock price by -0.40 in relation to its previous close of 5.43. However, the company has experienced a 2.05% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-12 that Obsidian Energy has achieved a roughly 20% production increase. The company benefits from historically acquired, low-cost acreage. The historically acquired acreage has increased in value because of technological advances.
OBE Trading at -6.37% from the 50-Day Moving Average
After a stumble in the market that brought OBE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.34% of loss for the given period.
Volatility was left at 3.39%, however, over the last 30 days, the volatility rate increased by 3.83%, as shares sank -4.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.70% lower at present.
During the last 5 trading sessions, OBE rose by +1.79%, which changed the moving average for the period of 200-days by -24.12% in comparison to the 20-day moving average, which settled at $5.60. In addition, Obsidian Energy Ltd saw -20.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OBE starting from Faust Michael, who proposed sale 40,058 shares at the price of $6.08 back on Nov 07 ’24. After this action, Faust Michael now owns shares of Obsidian Energy Ltd, valued at $243,552 using the latest closing price.
Faust Michael, the Director of Obsidian Energy Ltd, proposed sale 40,058 shares at $5.77 during a trade that took place back on Sep 20 ’24, which means that Faust Michael is holding shares at $231,134 based on the most recent closing price.
Stock Fundamentals for OBE
Current profitability levels for the company are sitting at:
- 0.56 for the present operating margin
- 0.48 for the gross margin
The net margin for Obsidian Energy Ltd stands at 0.16. The total capital return value is set at 0.19. Equity return is now at value 6.93, with 5.00 for asset returns.
Based on Obsidian Energy Ltd (OBE), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 1.07. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 12.01.
Currently, EBITDA for the company is 383.6 million with net debt to EBITDA at 0.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.31. The receivables turnover for the company is 8.15for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
Conclusion
To sum up, Obsidian Energy Ltd (OBE) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
