Athabasca Oil Co. (TSE:ATH) Given Consensus Recommendation of “Moderate Buy” by Analysts

Athabasca Oil Co. (TSE:ATH) has received a consensus rating of “Moderate Buy” from the ten ratings firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$6.31.

ATH has been the topic of several recent research reports. BMO Capital Markets raised their price objective on Athabasca Oil from C$6.50 to C$7.00 in a report on Tuesday, January 14th. Royal Bank of Canada raised their price objective on Athabasca Oil from C$5.50 to C$6.00 and gave the company a “sector perform” rating in a report on Friday, November 1st.

Insider Transactions at Athabasca Oil

In other news, insider Athabasca Oil Corporation bought 105,700 shares of the firm’s stock in a transaction that occurred on Friday, January 31st. The stock was acquired at an average cost of C$4.91 per share, with a total value of C$519,409.80. Corporate insiders own 0.24% of the company’s stock.

Athabasca Oil Trading Up 1.4 %

Shares of ATH stock opened at C$5.02 on Wednesday. The stock’s fifty day moving average price is C$5.13 and its two-hundred day moving average price is C$5.16. The company has a market cap of C$2.61 billion, a PE ratio of 11.81, a P/E/G ratio of -0.51 and a beta of 2.05. Athabasca Oil has a fifty-two week low of C$4.44 and a fifty-two week high of C$5.79. The company has a debt-to-equity ratio of 12.55, a quick ratio of 1.24 and a current ratio of 2.54.

Athabasca Oil Company Profile

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.