Athabasca Oil Co. (TSE:ATH) Insider Athabasca Oil Corporation Buys 105,700 Shares of Stock

Athabasca Oil Co. (TSE:ATH - Get Free Report) insider Athabasca Oil Corporation purchased 105,700 shares of Athabasca Oil stock in a transaction on Friday, January 31st. The shares were acquired at an average cost of C$4.91 per share, for a total transaction of C$519,409.80.

Athabasca Oil Trading Down 0.6 %

TSE ATH traded down C$0.03 on Thursday, hitting C$4.90. 1,574,837 shares of the stock were exchanged, compared to its average volume of 2,217,541. Athabasca Oil Co. has a 52-week low of C$4.13 and a 52-week high of C$5.79. The company has a debt-to-equity ratio of 11.60, a current ratio of 2.46 and a quick ratio of 1.24. The company has a market capitalization of C$2.67 billion, a price-to-earnings ratio of 32.67, a P/E/G ratio of -0.51 and a beta of 2.05. The company's 50-day moving average price is C$5.16 and its two-hundred day moving average price is C$5.20.

Analysts Set New Price Targets

A number of research firms have issued reports on ATH. Scotiabank set a C$6.50 price target on Athabasca Oil and gave the company an "outperform" rating in a research report on Tuesday, October 15th. Royal Bank of Canada increased their price target on Athabasca Oil from C$5.50 to C$6.00 and gave the company a "sector perform" rating in a report on Friday, November 1st. BMO Capital Markets raised their target price on Athabasca Oil from C$6.50 to C$7.00 in a report on Tuesday, January 14th. Finally, Raymond James upgraded shares of Athabasca Oil to a "hold" rating in a report on Thursday, October 17th. Four investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$6.31.

Athabasca Oil Company Profile

Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.