Athabasca Oil Co. (TSE:ATH - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$5.09 and traded as high as C$5.56. Athabasca Oil shares last traded at C$5.54, with a volume of 2,099,323 shares.
Analysts Set New Price Targets
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 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 research report on Thursday, March 6th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of C$6.25.
Read Our Latest Stock Analysis on Athabasca Oil
Athabasca Oil Stock Down 0.9 %
The stock has a fifty day moving average of C$5.00 and a 200 day moving average of C$5.10. The company has a debt-to-equity ratio of 12.55, a current ratio of 2.54 and a quick ratio of 1.24. The firm has a market capitalization of C$2.88 billion, a P/E ratio of 13.01, a price-to-earnings-growth ratio of -0.51 and a beta of 2.05.
Insider Transactions at Athabasca Oil
In related news, insider Athabasca Oil Corporation purchased 105,700 shares of the firm's stock in a transaction dated Friday, January 31st. The stock was bought 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.
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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