Athabasca Oil Co. (TSE:ATH - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$5.13 and traded as high as C$5.25. Athabasca Oil shares last traded at C$5.19, with a volume of 1,540,659 shares.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the company. Royal Bank of Canada lifted 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. Raymond James raised shares of Athabasca Oil to a "hold" rating in a report on Thursday, October 17th. ATB Capital upped their target price on shares of Athabasca Oil from C$7.00 to C$7.50 in a research report on Thursday, July 25th. National Bankshares decreased their price objective on Athabasca Oil from C$7.50 to C$6.50 in a research report on Friday, September 27th. Finally, TD Securities decreased their price target on shares of Athabasca Oil from C$6.00 to C$5.50 in a report on Tuesday, October 1st. Four investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of C$6.25.
Get Our Latest Analysis on Athabasca Oil
Athabasca Oil Trading Down 1.5 %
The business's 50-day simple moving average is C$5.11 and its 200-day simple moving average is C$5.13. The company has a market capitalization of C$2.82 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 has a debt-to-equity ratio of 11.60, a quick ratio of 1.24 and a current ratio of 2.46.
Insider Buying and Selling
In other news, Senior Officer Karla Dawn Ingoldsby sold 215,200 shares of the business's stock in a transaction on Monday, August 26th. The shares were sold at an average price of C$5.57, for a total value of C$1,198,879.20. In other news, Senior Officer Karla Dawn Ingoldsby sold 215,200 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of C$5.57, for a total value of C$1,198,879.20. Also, insider Athabasca Oil Corporation purchased 259,700 shares of the business's stock in a transaction on Friday, August 30th. The stock was purchased at an average price of C$5.38 per share, with a total value of C$1,396,848.39. 0.24% of the stock is currently owned by company insiders.
Athabasca Oil Company Profile
(
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Athabasca 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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