Birchcliff Energy (OTCMKTS:BIREF) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Birchcliff Energy Ltd. (OTCMKTS:BIREF)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.66 and traded as low as $3.50. Birchcliff Energy shares last traded at $3.50, with a volume of 14,451 shares trading hands.

Birchcliff Energy Price Performance

The company has a 50-day moving average of $3.64 and a 200-day moving average of $4.09. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market capitalization of $946.07 million, a price-to-earnings ratio of 87.52 and a beta of 0.62.

Birchcliff Energy Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued 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 presently 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.