Mark Kristian Rodger Hawkins Sells 25,000 Shares of Obsidian Energy Ltd. (TSE:OBE) Stock

Obsidian Energy Ltd. (TSE:OBE) Senior Officer Mark Kristian Rodger Hawkins sold 25,000 shares of the company’s stock in a transaction on Thursday, March 20th. The shares were sold at an average price of C$7.56, for a total transaction of C$189,000.00.

Obsidian Energy Price Performance

Shares of TSE:OBE opened at C$8.14 on Friday. The company has a 50-day simple moving average of C$7.77 and a 200-day simple moving average of C$7.93. Obsidian Energy Ltd. has a one year low of C$6.85 and a one year high of C$12.37. The company has a debt-to-equity ratio of 20.55, a quick ratio of 0.41 and a current ratio of 0.45. The stock has a market capitalization of C$618.68 million, a price-to-earnings ratio of 5.30, a PEG ratio of 0.08 and a beta of 2.30.

Analyst Ratings Changes

OBE has been the subject of a number of research reports. Royal Bank of Canada reduced their target price on shares of Obsidian Energy from C$13.00 to C$12.00 in a report on Tuesday, January 14th. BMO Capital Markets upped their target price on shares of Obsidian Energy from C$12.00 to C$14.00 in a report on Thursday, February 20th.

Obsidian Energy Company Profile

Obsidian Energy Ltd. engages in the exploration, production, and development of oil and natural gas properties in the Western Canada. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.