Obsidian Energy Ltd (OBE) saw an uptrend of 6.44% in the recent trading with $509780.0 being its most recent. The current price level -24.40% lower than the highest price of $7.87 marked by the stock while trading over the past 52-weeks, whereas it is 53.35% higher than the lowest price of $3.88 the company dropped to over past 52-weeks. The latest news story on OBE appeared in (Newsfile) under the title “Obsidian Energy Announces First Half Capital Program Update” on Jun-03-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 0 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.50 for the stock.
Obsidian Energy Ltd Earnings – What Happened With OBE
Coming around sales and income figures on OBE Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Obsidian Energy Ltd – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 72.87 million. OBE does have institutional investors; and they hold 28.18% of the stock.
As on 2024-06-30, CIBC WORLD MARKET INC. was the top most holder in Obsidian Energy Ltd (AMEX:OBE) with an ownership of 3.18 million shares of the company or 3.9389 of the stake worth $23.79 million. The filing also reveals ARROWSTREET CAPITAL, LIMITED PARTNERSHIP as the second largest holder in the company with a control over 2.1828 of the outstanding shares. Its stake is worth $13.17 million for having 1.76 million shares in hand.
DIMENSIONAL FUND ADVISORS LP also came holding a key position in the company during the recent quarter and it now holds 1.5166 of the outstanding shares. With this there are now 125.0 institutions which have possession in OBE’s shares.
Key Metrics forOBE
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Obsidian Energy Ltd has a debt to equity ratio of 0.25.
Technical Analysis of Obsidian Energy Ltd (AMEX:OBE) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Obsidian Energy Ltd (OBE), we notice that the stock’s 20-day average volume is at 426,095 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 445,070 shares. And to end, OBE’s 100-day average volume is 498,191 shares with 50% of the long-term indicators pointing towards Buy for the stock.
