Athabasca Oil Co. (TSE:ATH – Get Free Report) insider Athabasca Oil Corporation bought 43,800 shares of the business’s stock in a transaction dated Thursday, August 27th. The stock was acquired at an average cost of C$10.80 per share, for a total transaction of C$473,040.00. Following the completion of the acquisition, the insider directly owned 898,200 shares in the company, valued at approximately C$9,700,560. This trade represents a 5.13% increase in their ownership of the stock.
Athabasca Oil Corporation also recently made the following trade(s):
- On Wednesday, August 19th, Athabasca Oil Corporation purchased 46,200 shares of Athabasca Oil stock. The shares were acquired at an average price of C$10.82 per share, with a total value of C$499,884.00.
- On Thursday, August 20th, Athabasca Oil Corporation acquired 45,500 shares of Athabasca Oil stock. The shares were acquired at an average cost of C$11.02 per share, for a total transaction of C$501,410.00.
- On Friday, August 21st, Athabasca Oil Corporation acquired 45,300 shares of Athabasca Oil stock. The stock was acquired at an average price of C$11.06 per share, for a total transaction of C$501,018.00.
- On Monday, August 24th, Athabasca Oil Corporation bought 46,400 shares of Athabasca Oil stock. The shares were acquired at an average price of C$10.78 per share, with a total value of C$500,192.00.
- On Tuesday, August 25th, Athabasca Oil Corporation purchased 47,600 shares of Athabasca Oil stock. The shares were bought at an average cost of C$10.54 per share, for a total transaction of C$501,704.00.
- On Wednesday, August 26th, Athabasca Oil Corporation purchased 46,900 shares of Athabasca Oil stock. The stock was bought at an average price of C$10.66 per share, for a total transaction of C$499,954.00.
- On Friday, August 28th, Athabasca Oil Corporation acquired 49,100 shares of Athabasca Oil stock. The shares were bought at an average cost of C$10.67 per share, with a total value of C$523,897.00.
- On Monday, August 31st, Athabasca Oil Corporation acquired 46,900 shares of Athabasca Oil stock. The shares were bought at an average cost of C$10.68 per share, with a total value of C$500,892.00.
- On Monday, July 20th, Athabasca Oil Corporation bought 38,100 shares of Athabasca Oil stock. The stock was bought at an average price of C$10.73 per share, for a total transaction of C$408,813.00.
- On Tuesday, July 21st, Athabasca Oil Corporation bought 38,900 shares of Athabasca Oil stock. The stock was bought at an average cost of C$10.79 per share, for a total transaction of C$419,731.00.
Athabasca Oil Price Performance
Athabasca Oil stock opened at C$10.79 on Friday. Athabasca Oil Co. has a 12 month low of C$5.98 and a 12 month high of C$12.86. The company has a debt-to-equity ratio of 10.95, a current ratio of 1.90 and a quick ratio of 1.24. The business has a 50 day simple moving average of C$10.56 and a 200-day simple moving average of C$10.57. The stock has a market capitalization of C$5.19 billion, a PE ratio of 22.96, a price-to-earnings-growth ratio of -0.51 and a beta of -0.23.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Royal Bank Of Canada lifted their target price on shares of Athabasca Oil from C$12.00 to C$12.50 and gave the company a “sector perform” rating in a report on Friday, May 8th. Desjardins set a C$12.50 price objective on shares of Athabasca Oil and gave the company a “hold” rating in a research report on Friday, July 17th. Finally, Jefferies Financial Group set a C$14.00 price objective on Athabasca Oil and gave the company a “buy” rating in a report on Thursday, June 4th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Athabasca Oil currently has an average rating of “Hold” and a consensus target price of C$11.50.
View Our Latest Research Report on Athabasca Oil
Athabasca Oil Company Profile
Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta’s Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high quality resources. Athabasca’s light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which Athabasca owns a 70% equity interest. Athabasca’s common shares trade on the TSX under the symbol ‘ATH’.
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