Athabasca Oil Co. (TSE:ATH - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$5.08 and traded as high as C$6.21. Athabasca Oil shares last traded at C$5.81, with a volume of 4,022,770 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on ATH. Royal Bank Of Canada raised shares of Athabasca Oil from a "hold" rating to a "moderate buy" rating in a report on Monday, March 10th. BMO Capital Markets dropped their price target on shares of Athabasca Oil from C$7.00 to C$6.00 in a research note on Thursday, March 6th.
Check Out Our Latest Stock Analysis on ATH
Athabasca Oil Stock Down 1.1%
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 company has a market capitalization of C$2.92 billion, a P/E ratio of 13.20, a P/E/G ratio of -0.51 and a beta of 2.05. The stock has a 50-day moving average price of C$5.21 and a 200-day moving average price of C$5.09.
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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