Athabasca Oil Co. (TSE:ATH - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.11 and traded as high as C$5.64. Athabasca Oil shares last traded at C$5.63, with a volume of 1,437,384 shares traded.
Analyst Upgrades and Downgrades
ATH has been the topic of a number of recent research reports. Royal Bank of Canada upgraded Athabasca Oil from a "hold" rating to a "moderate buy" rating in a research note on Monday, March 10th. BMO Capital Markets reduced their price target on Athabasca Oil from C$7.00 to C$6.00 in a report on Thursday, March 6th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$6.25.
Read Our Latest Report on ATH
Athabasca Oil Stock Down 12.4 %
The company has a market cap of C$2.35 billion, a price-to-earnings ratio of 10.64, a PEG ratio of -0.51 and a beta of 2.05. The business has a 50-day simple moving average of C$5.00 and a two-hundred day simple moving average of C$5.11. The company has a quick ratio of 1.24, a current ratio of 2.54 and a debt-to-equity ratio of 12.55.
Insider Buying and Selling
In other news, insider Athabasca Oil Corporation bought 105,700 shares of the business's stock in a transaction on Friday, January 31st. The stock was purchased at an average price of C$4.91 per share, with a total value of C$519,409.80. Corporate insiders own 0.24% of the company's stock.
Athabasca Oil Company Profile
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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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