Athabasca Oil Co. (TSE:ATH) Receives C$6.00 Consensus PT from Analysts

Athabasca Oil Co. (TSE:ATH - Get Free Report) has received an average recommendation of "Moderate Buy" from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$6.00.

Several equities analysts have issued reports on the company. Desjardins lowered Athabasca Oil from a "buy" rating to a "hold" rating and set a C$5.75 target price on the stock. in a research note on Tuesday. ATB Capital boosted their price target on Athabasca Oil from C$5.50 to C$6.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 20th. BMO Capital Markets set a C$6.50 price target on Athabasca Oil and gave the stock an "outperform" rating in a research note on Monday, April 8th. Stifel Nicolaus boosted their price target on Athabasca Oil from C$5.00 to C$5.75 and gave the stock a "buy" rating in a research note on Monday, March 4th. Finally, TD Securities lowered Athabasca Oil from a "buy" rating to a "hold" rating and set a C$6.00 price target on the stock. in a research note on Tuesday, March 12th.

Athabasca Oil Stock Up 1.0 %

Shares of Athabasca Oil stock traded up C$0.05 during trading on Thursday, hitting C$5.03. 3,343,547 shares of the stock traded hands, compared to its average volume of 3,355,326. The firm has a market cap of C$2.85 billion, a P/E ratio of -55.89, a price-to-earnings-growth ratio of -0.51 and a beta of 2.19. The company has a current ratio of 2.70, a quick ratio of 1.24 and a debt-to-equity ratio of 11.72. Athabasca Oil has a 52-week low of C$2.54 and a 52-week high of C$5.59. The stock's fifty day simple moving average is C$5.09 and its 200 day simple moving average is C$4.46.

Athabasca Oil (TSE:ATH - Get Free Report) last posted its earnings results on Thursday, February 29th. The oil and gas exploration company reported C$0.03 earnings per share (EPS) for the quarter. Athabasca Oil had a negative return on equity of 3.11% and a negative net margin of 4.29%. The company had revenue of C$315.93 million for the quarter. On average, equities analysts predict that Athabasca Oil will post 0.5260059 earnings per share for the current fiscal year.

Insider Transactions at Athabasca Oil

In other news, Senior Officer Michael S. J. Wojcichowsky sold 24,500 shares of the company's stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of C$5.32, for a total transaction of C$130,340.00. Corporate insiders own 0.78% of the company's stock.

About Athabasca Oil

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.