Athabasca Oil Co. (TSE:ATH - Get Free Report) insider Athabasca Oil Corporation purchased 158,200 shares of the stock in a transaction dated Thursday, July 31st. The shares were purchased at an average cost of C$5.89 per share, for a total transaction of C$932,414.98.
Athabasca Oil Price Performance
TSE:ATH traded down C$0.16 on Monday, reaching C$5.70. 1,338,915 shares of the company's stock traded hands, compared to its average volume of 2,438,643. The company has a quick ratio of 1.24, a current ratio of 2.54 and a debt-to-equity ratio of 12.55. The stock has a 50-day simple moving average of C$5.63 and a 200-day simple moving average of C$5.18. The firm has a market cap of C$2.96 billion, a PE ratio of 13.41, a P/E/G ratio of -0.51 and a beta of 2.05. Athabasca Oil Co. has a 12 month low of C$4.05 and a 12 month high of C$6.25.
Analysts Set New Price Targets
Separately, Scotiabank cut Athabasca Oil from a "strong-buy" rating to a "hold" rating and set a C$6.50 price target on the stock. in a report on Friday, July 11th.
View Our Latest Report on Athabasca Oil
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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