Obsidian Energy Ltd (AMEX: OBE) on Tuesday, soared 4.32% from the previous trading day, before settling in for the closing price of $5.55. Within the past 52 weeks, OBE’s price has moved between $4.87 and $9.06.
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During the last 5-year period, the sales growth of Energy Sector giant was 17.16%. The company achieved an average annual earnings per share of 42.41%. With a float of $73.32 million, this company’s outstanding shares have now reached $75.25 million.
Let’s determine the extent of company efficiency that accounts for 198 employees. In terms of profitability, gross margin is 48.37%, operating margin of 56.21%, and the pretax margin is 21.48%.
Obsidian Energy Ltd (OBE) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Obsidian Energy Ltd is 3.54%, while institutional ownership is 25.82%. The most recent insider transaction that took place on Nov 07 ’24, was worth 243,552. Before that another transaction happened on Sep 20 ’24, when Company’s Director proposed sale 40,058 for $5.77, making the entire transaction worth $231,134.
Obsidian Energy Ltd (OBE) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 42.41% per share during the next fiscal year.
Obsidian Energy Ltd (AMEX: OBE) Trading Performance Indicators
Obsidian Energy Ltd (OBE) is currently performing well based on its current performance indicators. A quick ratio of 0.45 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.06 in one year’s time.
Technical Analysis of Obsidian Energy Ltd (OBE)
Looking closely at Obsidian Energy Ltd (AMEX: OBE), its last 5-days average volume was 0.36 million, which is a jump from its year-to-date volume of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 86.88%. Additionally, its Average True Range was 0.23.
During the past 100 days, Obsidian Energy Ltd’s (OBE) raw stochastic average was set at 38.33%, which indicates a significant decrease from 96.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.20% in the past 14 days, which was lower than the 43.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.59, while its 200-day Moving Average is $6.80. However, in the short run, Obsidian Energy Ltd’s stock first resistance to watch stands at $5.90. Second resistance stands at $6.00. The third major resistance level sits at $6.19. If the price goes on to break the first support level at $5.61, it is likely to go to the next support level at $5.42. Now, if the price goes above the second support level, the third support stands at $5.32.
Obsidian Energy Ltd (AMEX: OBE) Key Stats
Market capitalization of the company is 440.10 million based on 73,860K outstanding shares. Right now, sales total 533,820 K and income totals 80,010 K. The company made 159,940 K in profit during its latest quarter, and 24,340 K in sales during its previous quarter.
