Obsidian Energy Ltd (AMEX: OBE) kicked off on Tuesday, up 3.29% from the previous trading day, before settling in for the closing price of $3.95. Over the past 52 weeks, OBE has traded in a range of $3.93-$8.25.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Energy Sector giant was 20.57%. While this was happening, its average annual earnings per share was recorded 120.30%. With a float of $68.44 million, this company’s outstanding shares have now reached $73.68 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
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 7.12%, while institutional ownership is 27.41%. 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
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
Take a look at Obsidian Energy Ltd’s (OBE) current performance indicators. Last quarter, stock had a quick ratio of 1.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.98, a number that is poised to hit -1.33 in the next quarter and is forecasted to reach 0.21 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 0.75 million, which is a jump from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 8.63%. Additionally, its Average True Range was 0.26.
During the past 100 days, Obsidian Energy Ltd’s (OBE) raw stochastic average was set at 6.44%, which indicates a significant decrease from 12.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.45% in the past 14 days, which was lower than the 66.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.03, while its 200-day Moving Average is $5.71. However, in the short run, Obsidian Energy Ltd’s stock first resistance to watch stands at $4.13. Second resistance stands at $4.19. The third major resistance level sits at $4.27. If the price goes on to break the first support level at $3.99, it is likely to go to the next support level at $3.91. Should the price break the second support level, the third support level stands at $3.85.
Obsidian Energy Ltd (AMEX: OBE) Key Stats
The company with the Market Capitalisation of 300.61 million has total of 72,873K Shares Outstanding. Its annual sales at the moment are 596,610 K in contrast with the sum of -147,860 K annual income. Company’s last quarter sales were recorded 152,960 K and last quarter income was -208,120 K.
