Birchcliff Energy (OTCMKTS:BIREF) Reaches New 52-Week Low – Time to Sell?

Shares of Birchcliff Energy Ltd. (OTCMKTS:BIREF) reached a new 52-week low on Thursday . The company traded as low as $3.15 and last traded at $3.16, with a volume of 67866 shares changing hands. The stock had previously closed at $3.21.

Birchcliff Energy Price Performance

The firm has a 50-day simple moving average of $3.69 and a 200-day simple moving average of $4.12. The firm has a market capitalization of $897.42 million, a PE ratio of 83.02 and a beta of 0.62. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.01 and a quick ratio of 1.01.

Birchcliff Energy Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.0714 dividend. This represents a dividend yield of 8.06%. The ex-dividend date is Friday, December 13th. Birchcliff Energy’s dividend payout ratio (DPR) is currently 725.00%.

About Birchcliff Energy

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.