Birchcliff Energy (OTCMKTS:BIREF) Reaches New 1-Year Low – Time to Sell?

Birchcliff Energy Ltd. (OTCMKTS:BIREF) shares reached a new 52-week low on Friday . The stock traded as low as $3.39 and last traded at $3.40, with a volume of 76874 shares trading hands. The stock had previously closed at $3.57.

Birchcliff Energy Stock Down 4.8 %

The company has a market capitalization of $916.65 million, a PE ratio of 89.19 and a beta of 0.62. The company’s 50 day moving average is $3.80 and its two-hundred day moving average is $4.17. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.22.

Birchcliff Energy Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a dividend of $0.0714 per share. The ex-dividend date is Friday, December 13th. This represents a yield of 8.06%. Birchcliff Energy’s payout ratio is 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.