Athabasca Oil (TSE:ATH - Free Report) had its price target reduced by BMO Capital Markets from C$7.00 to C$6.00 in a research report released on Thursday morning,BayStreet.CA reports.
Athabasca Oil Price Performance
TSE ATH traded down C$0.11 during trading on Thursday, reaching C$4.69. 4,186,104 shares of the company traded hands, compared to its average volume of 2,479,310. The company has a debt-to-equity ratio of 12.55, a quick ratio of 1.24 and a current ratio of 2.54. The stock's 50 day moving average price is C$5.04 and its two-hundred day moving average price is C$5.10. The company has a market cap of C$2.44 billion, a price-to-earnings ratio of 11.04, a P/E/G ratio of -0.51 and a beta of 2.05. Athabasca Oil has a 1-year low of C$4.11 and a 1-year high of C$5.79.
Insider Buying and Selling at Athabasca Oil
In other Athabasca Oil news, insider Athabasca Oil Corporation bought 105,700 shares of Athabasca Oil stock in a transaction dated Friday, January 31st. The shares were acquired at an average cost of C$4.91 per share, with a total value of C$519,409.80. Company insiders own 0.24% of the company's stock.
About Athabasca Oil
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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.
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