Athabasca Oil Co. (TSE:ATH) Receives Average Rating of "Moderate Buy" from Brokerages

Shares of Athabasca Oil Co. (TSE:ATH - Get Free Report) have earned a consensus rating of "Moderate Buy" from the five analysts that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$6.25.

Several research firms have issued reports on ATH. Royal Bank of Canada raised shares of Athabasca Oil from a "hold" rating to a "moderate buy" rating in a report on Monday, March 10th. BMO Capital Markets lowered their price target on Athabasca Oil from C$7.00 to C$6.00 in a report on Thursday, March 6th.

Insider Transactions at Athabasca Oil

In other Athabasca Oil news, insider Athabasca Oil Corporation acquired 105,700 shares of the business's stock in a transaction dated Friday, January 31st. The shares were purchased at an average price of C$4.91 per share, for a total transaction of C$519,409.80. Company insiders own 0.24% of the company's stock.

Athabasca Oil Stock Up 1.8 %

Shares of Athabasca Oil stock traded up C$0.08 on Thursday, reaching C$4.60. The stock had a trading volume of 1,841,747 shares, compared to its average volume of 2,600,096. The company has a quick ratio of 1.24, a current ratio of 2.54 and a debt-to-equity ratio of 12.55. The stock has a market capitalization of C$2.39 billion, a P/E ratio of 10.82, a P/E/G ratio of -0.51 and a beta of 2.05. The company has a 50 day moving average price of C$4.93 and a 200 day moving average price of C$5.07. Athabasca Oil has a 1 year low of C$4.05 and a 1 year high of C$5.79.

Remove Ads

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.