Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Acquires 126,300 Shares of Stock

Athabasca Oil Co. (TSE:ATHGet Free Report) insider Athabasca Oil Corporation purchased 126,300 shares of the stock in a transaction on Thursday, October 30th. The shares were purchased at an average price of C$6.85 per share, for a total transaction of C$865,155.00. Following the transaction, the insider directly owned 2,714,900 shares of the company’s stock, valued at approximately C$18,597,065. This represents a 4.88% increase in their ownership of the stock.

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

  • On Wednesday, October 1st, Athabasca Oil Corporation acquired 128,000 shares of Athabasca Oil stock. The stock was bought at an average price of C$6.72 per share, for a total transaction of C$860,160.00.
  • On Thursday, October 2nd, Athabasca Oil Corporation bought 128,400 shares of Athabasca Oil stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was bought at an average cost of C$7.07 per share, with a total value of C$863,954.00.
  • On Thursday, October 9th, Athabasca Oil Corporation bought 121,900 shares of Athabasca Oil stock. The stock was bought at an average cost of C$7.09 per share, with a total value of C$864,271.00.
  • On Friday, October 10th, Athabasca Oil Corporation bought 127,900 shares of Athabasca Oil stock. The stock was 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 stock was 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 stock was bought at an average cost of C$6.53 per share, with a total value of C$863,266.00.

Athabasca Oil Trading Up 2.3%

TSE ATH opened at C$7.05 on Tuesday. Athabasca Oil Co. has a 1-year low of C$4.05 and a 1-year high of C$7.20. The company has a current ratio of 2.54, a quick ratio of 1.24 and a debt-to-equity ratio of 12.55. The stock has a 50-day moving average of C$6.53 and a 200-day moving average of C$5.82. The firm has a market cap of C$3.43 billion, a PE ratio of 8.10, a price-to-earnings-growth ratio of -0.51 and a beta of 0.99.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Scotiabank increased their price objective on Athabasca Oil from C$6.50 to C$7.00 and gave the stock a “sector perform” rating in a report on Thursday, October 9th. Royal Bank Of Canada boosted their target price on 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. Raymond James Financial boosted their target price on Athabasca Oil from C$6.50 to C$7.00 in a research note on Thursday, October 30th. Finally, TD Securities boosted their target price on Athabasca Oil from C$6.50 to C$7.00 and gave the company a “hold” rating in a research note on Thursday, October 30th. One investment 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, Athabasca Oil presently has an average rating of “Hold” and an average price target of C$6.80.

Read Our Latest Research Report on ATH

About Athabasca Oil

(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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Insider Buying and Selling by Quarter for Athabasca Oil (TSE:ATH)

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