Birchcliff Energy (OTCMKTS:BIREF) Sets New 52-Week Low – Should You Sell?

Birchcliff Energy Ltd. (OTCMKTS:BIREF)’s share price hit 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 traded. The stock had previously closed at $3.57.

Birchcliff Energy Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a 50 day simple moving average of $3.79 and a two-hundred day simple moving average of $4.16. The company has a market cap of $916.65 million, a price-to-earnings ratio of 84.94 and a beta of 0.62.

Birchcliff Energy Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.0714 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a dividend yield of 8.06%. Birchcliff Energy’s dividend payout ratio (DPR) is 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.