Athabasca Oil Corp (ATH) Given Average Rating of “Buy” by Analysts
Shares of Athabasca Oil Corp (TSE:ATH) have received a consensus rating of “Buy” from the ten ratings firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$2.49.
A number of research firms recently issued reports on ATH. Scotiabank increased their price target on shares of Athabasca Oil Corp from C$1.80 to C$1.90 and gave the stock a “sector perform” rating in a research note on Friday, May 5th. TD Securities decreased their price target on shares of Athabasca Oil Corp from C$2.50 to C$2.25 and set a “buy” rating for the company in a research note on Friday, May 5th.
Shares of Athabasca Oil Corp (TSE:ATH) traded down 0.92% during mid-day trading on Monday, reaching $1.08. The company had a trading volume of 73,249 shares. The company’s market capitalization is $549.60 million. The firm has a 50-day moving average of $1.27 and a 200-day moving average of $1.55. Athabasca Oil Corp has a 12-month low of $1.02 and a 12-month high of $2.14.
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In related news, insider Matthew Taylor sold 28,533 shares of the stock in a transaction dated Thursday, March 23rd. The shares were sold at an average price of C$1.38, for a total value of C$39,375.54. Also, insider Kimberly Anderson sold 17,660 shares of the stock in a transaction dated Tuesday, April 4th. The stock was sold at an average price of C$1.45, for a total transaction of C$25,607.00.
Athabasca Oil Corp Company Profile
Athabasca Oil Corporation is a Canada-based energy company, which is focused on the exploration for, and development and production of, light oil and liquids-rich natural gas from regions in northwestern Alberta, Canada, and bitumen from oil sands in the Athabasca region of northeastern Alberta, Canada.
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