Birchcliff Energy (OTCMKTS:BIREF) Sets New 1-Year Low – Here’s What Happened

Birchcliff Energy Ltd. (OTCMKTS:BIREFGet Free Report) hit 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 Stock Performance

The firm has a market capitalization of $851.22 million, a price-to-earnings ratio of 78.89 and a beta of 0.62. The company has a 50-day moving average of $3.73 and a 200-day moving average of $4.13. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.22.

Birchcliff Energy Cuts Dividend

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

About Birchcliff Energy

(Get Free Report)

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.

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