Athabasca Oil Co. (TSE:ATH - Get Free Report) has received a consensus rating of "Moderate Buy" from the ten brokerages that are covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$6.25.
Several equities analysts have issued reports on the company. Scotiabank set a C$6.50 target price on Athabasca Oil and gave the stock an "outperform" rating in a research report on Tuesday, October 15th. ATB Capital boosted their price target on Athabasca Oil from C$7.00 to C$7.50 in a research note on Thursday, July 25th. National Bankshares decreased their price target on Athabasca Oil from C$7.50 to C$6.50 in a research note on Friday, September 27th. Royal Bank of Canada boosted their price target on Athabasca Oil from C$5.50 to C$6.00 and gave the stock a "sector perform" rating in a research note on Friday, November 1st. Finally, TD Securities decreased their price target on Athabasca Oil from C$6.00 to C$5.50 in a research note on Tuesday, October 1st.
Check Out Our Latest Analysis on Athabasca Oil
Athabasca Oil Stock Performance
Shares of Athabasca Oil stock traded down C$0.10 on Monday, hitting C$5.09. The stock had a trading volume of 862,805 shares, compared to its average volume of 3,036,058. Athabasca Oil has a 52-week low of C$3.36 and a 52-week high of C$5.72. The company has a current ratio of 2.46, a quick ratio of 1.24 and a debt-to-equity ratio of 11.60. The stock has a market cap of C$2.77 billion, a price-to-earnings ratio of 34.60, a P/E/G ratio of -0.51 and a beta of 2.05. The company's 50 day moving average price is C$5.11 and its 200 day moving average price is C$5.14.
Insider Buying and Selling at Athabasca Oil
In other news, insider Athabasca Oil Corporation purchased 259,700 shares of the company's stock in a transaction on Friday, August 30th. The shares were bought at an average price of C$5.38 per share, for a total transaction of C$1,396,848.39. In related news, Senior Officer Karla Dawn Ingoldsby sold 215,200 shares of the firm's stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of C$5.57, for a total transaction of C$1,198,879.20. Also, insider Athabasca Oil Corporation acquired 259,700 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were bought at an average price of C$5.38 per share, for a total transaction of C$1,396,848.39. 0.24% of the stock is owned by company insiders.
Athabasca Oil Company Profile
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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.
Further Reading
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