Birchcliff Energy (OTCMKTS:BIREF) Sets New 1-Year Low – Time to Sell?

Shares of Birchcliff Energy Ltd. (OTCMKTS:BIREF) reached a new 52-week low during trading on Friday . The company traded as low as $3.39 and last traded at $3.40, with a volume of 76874 shares. The stock had previously closed at $3.57.

Birchcliff Energy Price Performance

The company has a market capitalization of $916.65 million, a P/E ratio of 89.19 and a beta of 0.62. The firm’s fifty day moving average is $3.80 and its 200 day moving average is $4.17. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.01.

Birchcliff Energy Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a $0.0714 dividend. The ex-dividend date is Friday, December 13th. This represents a yield of 8.06%. Birchcliff Energy’s dividend payout ratio is currently 725.00%.

Birchcliff Energy Company Profile

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.