For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Obsidian Energy Ltd (AMEX: OBE) closed at $4.67 in the last session, down -6.04% from day before closing price of $4.97. In other words, the price has decreased by -$6.04 from its previous closing price. On the day, 0.5 million shares were traded.
Ratios:
We take a closer look at OBE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.25.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 07 ’24 when Faust Michael bought 40,058 shares for $6.08 per share.
Faust Michael bought 40,058 shares of OBE for $231,134 on Sep 20 ’24.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 0.35.
Stock Price History:
Over the past 52 weeks, OBE has reached a high of $7.89, while it has fallen to a 52-week low of $3.88. The 50-Day Moving Average of the stock is -5.82%, while the 200-Day Moving Average is calculated to be -16.89%.
Shares Statistics:
A total of 72.87M shares are outstanding, with a floating share count of 68.31M. Insiders hold about 7.29% of the company’s shares, while institutions hold 26.85% stake in the company.
