Athabasca Oil Co. (OTCMKTS:ATHOF – Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.61 and traded as low as $3.55. Athabasca Oil shares last traded at $3.58, with a volume of 141,556 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets reiterated an “outperform” rating and issued a $6.50 price target on shares of Athabasca Oil in a research report on Monday, April 8th.
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Athabasca Oil Stock Performance
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.
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