Obsidian Energy Ltd (AMEX: OBE) on Thursday, plunged -5.56% from the previous trading day, before settling in for the closing price of $5.04. Within the past 52 weeks, OBE’s price has moved between $4.01 and $9.06.
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Annual sales at Energy sector company grew by 20.57% over the past five years. The company achieved an average annual earnings per share of 120.30%. With a float of $69.39 million, this company’s outstanding shares have now reached $73.68 million.
Let’s look at the performance matrix of the company that is accounted for 203 employees. In terms of profitability, gross margin is 2.23%, operating margin of -1.12%, and the pretax margin is -34.04%.
Obsidian Energy Ltd (OBE) Insider Updates
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Obsidian Energy Ltd is 5.82%, while institutional ownership is 27.35%. 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 120.30% 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 1.79 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 0.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.98, a number that is poised to hit -2.96 in the next quarter and is forecasted to reach 0.21 in one year’s time.
Technical Analysis of Obsidian Energy Ltd (OBE)
Obsidian Energy Ltd (AMEX: OBE) saw its 5-day average volume 0.74 million, a positive change from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 66.07%. Additionally, its Average True Range was 0.38.
During the past 100 days, Obsidian Energy Ltd’s (OBE) raw stochastic average was set at 33.48%, which indicates a significant decrease from 36.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.83% in the past 14 days, which was higher than the 66.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.31, while its 200-day Moving Average is $5.90. Nevertheless, the first resistance level for the watch stands at $5.04 in the near term. At $5.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.49. If the price goes on to break the first support level at $4.59, it is likely to go to the next support level at $4.42. Assuming the price breaks the second support level, the third support level stands at $4.14.
Obsidian Energy Ltd (AMEX: OBE) Key Stats
Market capitalization of the company is 350.72 million based on 73,224K outstanding shares. Right now, sales total 596,610 K and income totals -147,860 K. The company made 152,960 K in profit during its latest quarter, and -208,120 K in sales during its previous quarter.
