Birchcliff Energy (OTCMKTS:BIREF) Shares Pass Below Fifty Day Moving Average of $3.96

Birchcliff Energy Ltd. (OTCMKTS:BIREF)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.96 and traded as low as $3.78. Birchcliff Energy shares last traded at $3.85, with a volume of 9,770 shares changing hands.

Birchcliff Energy Trading Down 1.9 %

The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.17. The business’s fifty day simple moving average is $3.96 and its two-hundred day simple moving average is $4.50. The stock has a market capitalization of $1.06 billion, a P/E ratio of 131.76 and a beta of 0.64.

Birchcliff Energy (OTCMKTS:BIREF) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.01) earnings per share for the quarter. Birchcliff Energy had a net margin of 1.38% and a return on equity of 0.45%. The company had revenue of $134.65 million during the quarter.

Birchcliff Energy Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.074 dividend. This represents a dividend yield of 7.23%. The ex-dividend date was Thursday, March 14th. Birchcliff Energy’s dividend payout ratio is 1,967.32%.

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.