Shares of Athabasca Oil Co. (TSE:ATH - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the ten ratings firms that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$6.25.
Several research analysts recently issued reports on the stock. National Bankshares dropped their price target on shares of Athabasca Oil from C$7.50 to C$6.50 in a research report on Friday, September 27th. Royal Bank of Canada raised their price objective on shares of Athabasca Oil from C$5.50 to C$6.00 and gave the stock a "sector perform" rating in a report on Friday, November 1st. Raymond James raised shares of Athabasca Oil to a "hold" rating in a report on Thursday, October 17th. TD Securities dropped their price objective on shares of Athabasca Oil from C$6.00 to C$5.50 in a report on Tuesday, October 1st. Finally, Scotiabank set a C$6.50 price objective on shares of Athabasca Oil and gave the stock an "outperform" rating in a report on Tuesday, October 15th.
Check Out Our Latest Research Report on Athabasca Oil
Athabasca Oil Stock Performance
Shares of ATH traded down C$0.08 during trading hours on Friday, reaching C$4.94. 2,321,959 shares of the company traded hands, compared to its average volume of 2,975,418. Athabasca Oil has a 1-year low of C$3.47 and a 1-year high of C$5.72. The company has a debt-to-equity ratio of 11.60, a quick ratio of 1.24 and a current ratio of 2.46. The stock has a market cap of C$2.69 billion, a P/E ratio of 33.47, a price-to-earnings-growth ratio of -0.51 and a beta of 2.05. The stock's fifty day moving average is C$5.13 and its 200 day moving average is C$5.17.
About Athabasca Oil
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Get Free ReportAthabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Thermal Oil and Light Oil segments. The company's principal properties are in the Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer/Corner, Hangingstone, and Dover West projects located in the Athabasca region of northeastern Alberta.
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