On Tuesday, Obsidian Energy Ltd (AMEX: OBE) was -10.48% drop from the session before settling in for the closing price of $5.82. A 52-week range for OBE has been $4.87 – $9.06.
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During the last 5-year period, the sales growth of Energy Sector giant was 23.14%. When this article was written, the company’s average yearly earnings per share was at 194.13%. With a float of $73.31 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) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Obsidian Energy Ltd stocks. The insider ownership of Obsidian Energy Ltd is 3.54%, while institutional ownership is 27.20%. 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) Earnings and Forecasts
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 194.13% per share during the next fiscal year.
Obsidian Energy Ltd (AMEX: OBE) Trading Performance Indicators
You can see what Obsidian Energy Ltd (OBE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07 and is forecasted to reach 0.50 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 0.77 million, which is a jump from its year-to-date volume of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 49.21%. Additionally, its Average True Range was 0.27.
During the past 100 days, Obsidian Energy Ltd’s (OBE) raw stochastic average was set at 22.12%, which indicates a significant increase from 11.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.66% in the past 14 days, which was higher than the 49.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.49, while its 200-day Moving Average is $6.31. However, in the short run, Obsidian Energy Ltd’s stock first resistance to watch stands at $5.58. Second resistance stands at $5.95. The third major resistance level sits at $6.16. If the price goes on to break the first support level at $5.00, it is likely to go to the next support level at $4.79. Should the price break the second support level, the third support level stands at $4.42.
Obsidian Energy Ltd (AMEX: OBE) Key Stats
There are 73,685K outstanding shares of the company, which has a market capitalization of 396.01 million. As of now, sales total 533,820 K while income totals 80,010 K. Its latest quarter income was 159,940 K while its last quarter net income were 24,340 K.
