Shares of Athabasca Oil Co. (TSE:ATH - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.83 and traded as high as C$5.21. Athabasca Oil shares last traded at C$5.17, with a volume of 1,272,370 shares changing hands.
Analyst Upgrades and Downgrades
ATH has been the topic of several recent research reports. National Bank Financial upgraded Athabasca Oil from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 9th. Desjardins cut Athabasca Oil from a "buy" rating to a "hold" rating and set a C$5.75 target price on the stock. in a research report on Tuesday, April 23rd. TD Securities cut Athabasca Oil from a "buy" rating to a "hold" rating and set a C$6.00 target price on the stock. in a research report on Tuesday, March 12th. Royal Bank of Canada cut Athabasca Oil from an "outperform" rating to a "sector perform" rating and set a C$6.00 target price on the stock. in a research report on Tuesday, March 26th. Finally, ATB Capital boosted their target price on Athabasca Oil from C$5.50 to C$6.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 20th. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Athabasca Oil currently has a consensus rating of "Moderate Buy" and an average price target of C$6.14.
Read Our Latest Report on ATH
Athabasca Oil Trading Down 1.2 %
The firm has a market capitalization of C$2.86 billion, a price-to-earnings ratio of 63.88, a P/E/G ratio of -0.51 and a beta of 2.18. The company has a debt-to-equity ratio of 11.54, a quick ratio of 1.24 and a current ratio of 2.27. The business has a fifty day moving average price of C$4.98 and a 200 day moving average price of C$4.83.
Athabasca Oil (TSE:ATH - Get Free Report) last released its quarterly earnings data on Wednesday, May 8th. The oil and gas exploration company reported C$0.07 EPS for the quarter, hitting analysts' consensus estimates of C$0.07. The business had revenue of C$311.12 million during the quarter. Athabasca Oil had a return on equity of 2.65% and a net margin of 3.63%. As a group, equities analysts forecast that Athabasca Oil Co. will post 0.5296656 earnings per share for the current year.
Insider Activity at Athabasca Oil
In related news, Senior Officer Robert Anthony Broen sold 100,000 shares of the stock in a transaction on Thursday, June 20th. The stock was sold at an average price of C$5.01, for a total value of C$501,000.00. 0.64% of the stock is owned by insiders.
About Athabasca Oil
(
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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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