Athabasca Oil Co. (TSE:ATH - Get Free Report)'s share price 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 traded.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on ATH shares. Royal Bank Of Canada upgraded Athabasca Oil from a "hold" rating to a "moderate buy" rating in a research report on Monday, March 10th. BMO Capital Markets cut their target price on Athabasca Oil from C$7.00 to C$6.00 in a research note on Thursday, March 6th.
Get Our Latest Stock Analysis on ATH
Athabasca Oil Trading Down 5.7%
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 stock has a market cap of C$3.02 billion, a P/E ratio of 13.67, a PEG ratio of -0.51 and a beta of 2.05. The firm's fifty day moving average price is C$5.15 and its two-hundred day moving average price is C$5.08.
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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