Athabasca Oil Corporation Purchases 121,900 Shares of Athabasca Oil (TSE:ATH) Stock

Athabasca Oil Co. (TSE:ATHGet Free Report) insider Athabasca Oil Corporation acquired 121,900 shares of the firm’s stock in a transaction on Thursday, October 9th. The stock was purchased at an average price of C$7.09 per share, with a total value of C$864,271.00. Following the transaction, the insider owned 883,100 shares of the company’s stock, valued at approximately C$6,261,179. This trade represents a 16.01% increase in their position.

Athabasca Oil Corporation also recently made the following trade(s):

  • On Wednesday, October 1st, Athabasca Oil Corporation bought 128,000 shares of Athabasca Oil stock. The shares were bought at an average cost of C$6.72 per share, with a total value of C$860,160.00.
  • On Thursday, October 2nd, Athabasca Oil Corporation bought 128,400 shares of Athabasca Oil stock. The shares were bought at an average cost of C$6.72 per share, with a total value of C$862,848.00.
  • On Friday, October 3rd, Athabasca Oil Corporation bought 128,800 shares of Athabasca Oil stock. The shares were bought at an average cost of C$6.69 per share, with a total value of C$861,672.00.
  • On Monday, October 6th, Athabasca Oil Corporation bought 127,000 shares of Athabasca Oil stock. The shares were bought at an average cost of C$6.79 per share, with a total value of C$862,330.00.
  • On Tuesday, October 7th, Athabasca Oil Corporation bought 126,800 shares of Athabasca Oil stock. The shares were bought at an average cost of C$6.80 per share, with a total value of C$862,240.00.
  • On Wednesday, October 8th, Athabasca Oil Corporation bought 122,200 shares of Athabasca Oil stock. The shares were bought at an average cost of C$7.07 per share, with a total value of C$863,954.00.
  • On Friday, October 10th, Athabasca Oil Corporation bought 127,900 shares of Athabasca Oil stock. The shares were bought at an average cost of C$6.74 per share, with a total value of C$862,046.00.
  • On Friday, October 10th, Athabasca Oil Corporation bought 137,500 shares of Athabasca Oil stock. The shares were bought at an average cost of C$6.26 per share, with a total value of C$860,750.00.
  • On Tuesday, October 14th, Athabasca Oil Corporation bought 132,200 shares of Athabasca Oil stock. The shares were bought at an average cost of C$6.53 per share, with a total value of C$863,266.00.
  • On Wednesday, October 15th, Athabasca Oil Corporation bought 133,500 shares of Athabasca Oil stock. The shares were bought at an average cost of C$6.47 per share, with a total value of C$863,745.00.

Athabasca Oil Price Performance

Shares of ATH stock traded up C$0.14 on Monday, reaching C$7.03. 1,024,016 shares of the company were exchanged, compared to its average volume of 2,397,190. The company has a market cap of C$3.42 billion, a price-to-earnings ratio of 8.08, a P/E/G ratio of -0.51 and a beta of 0.99. The business has a 50-day moving average price of C$6.51 and a 200 day moving average price of C$5.81. 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 Co. has a 1 year low of C$4.05 and a 1 year high of C$7.20.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Raymond James Financial upped their price objective on shares of Athabasca Oil from C$6.50 to C$7.00 in a research note on Thursday. Scotiabank upped their price objective on shares of Athabasca Oil from C$6.50 to C$7.00 and gave the company a “sector perform” rating in a research note on Thursday, October 9th. Royal Bank Of Canada upped their price objective on shares of Athabasca Oil from C$6.50 to C$7.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Finally, TD Securities upped their price objective on shares of Athabasca Oil from C$6.50 to C$7.00 and gave the company a “hold” rating in a research note on Thursday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$6.80.

Check Out Our Latest Report on Athabasca Oil

Athabasca Oil Company Profile

(Get Free Report)

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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