The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
After finishing at $5.21 in the prior trading day, Obsidian Energy Ltd (AMEX: OBE) closed at $5.43, up 4.22%. In other words, the price has increased by $4.22 from its previous closing price. On the day, 0.73 million shares were traded.
Ratios:
Our goal is to gain a better understanding of OBE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 0.75 while its Price-to-Book (P/B) ratio in mrq is 0.41.
Stock Price History:
Over the past 52 weeks, OBE has reached a high of $9.06, while it has fallen to a 52-week low of $4.87. The 50-Day Moving Average of the stock is -0.94%, while the 200-Day Moving Average is calculated to be -13.52%.
Shares Statistics:
A total of 73.68M shares are outstanding, with a floating share count of 71.08M. Insiders hold about 3.54% of the company’s shares, while institutions hold 28.06% stake in the company.
