Obsidian Energy Ltd (AMEX: OBE) kicked off on Tuesday, up 8.00% from the previous trading day, before settling in for the closing price of $5.00. Over the past 52 weeks, OBE has traded in a range of $4.87-$9.06.
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A company in the Energy sector has jumped its sales by 23.14% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 48.74%. With a float of $73.31 million, this company’s outstanding shares have now reached $75.25 million.
In an organization with 198 employees, it is important to assess its efficiency. 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) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Obsidian Energy Ltd is 3.54%, while institutional ownership is 23.79%. 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) Performance Highlights and Predictions
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 48.74% per share during the next fiscal year.
Obsidian Energy Ltd (AMEX: OBE) Trading Performance Indicators
Take a look at Obsidian Energy Ltd’s (OBE) current performance indicators. Last quarter, stock had a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07, a number that is poised to hit 1.02 in the next quarter and is forecasted to reach 1.88 in one year’s time.
Technical Analysis of Obsidian Energy Ltd (OBE)
Let’s dig in a bit further. During the last 5-days, its volume was 0.52 million. That was better than the volume of 0.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.32%. Additionally, its Average True Range was 0.23.
During the past 100 days, Obsidian Energy Ltd’s (OBE) raw stochastic average was set at 34.49%, which indicates a significant decrease from 39.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.31% in the past 14 days, which was higher than the 41.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.54, while its 200-day Moving Average is $6.51. However, in the short run, Obsidian Energy Ltd’s stock first resistance to watch stands at $5.57. Second resistance stands at $5.73. The third major resistance level sits at $6.03. If the price goes on to break the first support level at $5.10, it is likely to go to the next support level at $4.80. Assuming the price breaks the second support level, the third support level stands at $4.64.
Obsidian Energy Ltd (AMEX: OBE) Key Stats
The company with the Market Capitalisation of 410.45 million has total of 73,685K Shares Outstanding. Its annual sales at the moment are 533,820 K in contrast with the sum of 80,010 K annual income. Company’s last quarter sales were recorded 159,940 K and last quarter income was 24,340 K.
