Birchcliff Energy (OTCMKTS:BIREF) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Birchcliff Energy Ltd. (OTCMKTS:BIREF) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.68 and traded as high as $3.91. Birchcliff Energy shares last traded at $3.90, with a volume of 141,684 shares changing hands.

Birchcliff Energy Stock Down 3.7 %

The company has a market cap of $1.05 billion, a PE ratio of 97.44 and a beta of 0.62. The company has a fifty day moving average of $3.68 and a two-hundred day moving average of $4.04. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.01.

Birchcliff Energy Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a $0.0714 dividend. This represents a dividend yield of 8.06%. The ex-dividend date of this dividend was Friday, December 13th. Birchcliff Energy’s dividend payout ratio is currently 700.18%.

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.