Athabasca Oil Co. (TSE:ATH – Get Free Report) insider Athabasca Oil Corporation purchased 47,600 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were purchased at an average cost of C$10.54 per share, for a total transaction of C$501,704.00. Following the completion of the acquisition, the insider directly owned 807,500 shares of the company’s stock, valued at C$8,511,050. This represents a 6.26% increase in their position.
Athabasca Oil Corporation also recently made the following trade(s):
- On Wednesday, August 19th, Athabasca Oil Corporation acquired 46,200 shares of Athabasca Oil stock. The stock was purchased at an average cost 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 stock was purchased at an average cost of C$11.02 per share, with a total value of C$501,410.00.
- On Friday, August 21st, Athabasca Oil Corporation acquired 45,300 shares of Athabasca Oil stock. The stock was purchased at an average price of C$11.06 per share, with a total value of C$501,018.00.
- On Monday, August 24th, Athabasca Oil Corporation bought 46,400 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$10.78 per share, for a total transaction of C$500,192.00.
- On Wednesday, August 26th, Athabasca Oil Corporation bought 46,900 shares of Athabasca Oil stock. The shares were acquired at an average price of C$10.66 per share, for a total transaction of C$499,954.00.
- On Thursday, August 27th, Athabasca Oil Corporation bought 43,800 shares of Athabasca Oil stock. The shares were acquired at an average price of C$10.80 per share, for a total transaction of C$473,040.00.
- On Friday, August 28th, Athabasca Oil Corporation purchased 49,100 shares of Athabasca Oil stock. The stock was acquired at an average price of C$10.67 per share, with a total value of C$523,897.00.
- On Monday, August 31st, Athabasca Oil Corporation purchased 46,900 shares of Athabasca Oil stock. The stock was acquired 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 purchased 38,100 shares of Athabasca Oil stock. The shares were acquired 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 purchased 38,900 shares of Athabasca Oil stock. The shares were acquired at an average price of C$10.79 per share, for a total transaction of C$419,731.00.
Athabasca Oil Stock Down 1.0%
Shares of ATH opened at C$10.79 on Friday. The firm has a market cap of C$5.19 billion, a P/E ratio of 22.96, a PEG ratio of -0.51 and a beta of -0.23. Athabasca Oil Co. has a 12 month low of C$5.98 and a 12 month high of C$12.86. The stock’s 50 day moving average is C$10.56 and its two-hundred day moving average is C$10.57. The company has a current ratio of 1.90, a quick ratio of 1.24 and a debt-to-equity ratio of 10.95.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on ATH shares. Jefferies Financial Group set a C$14.00 target price on shares of Athabasca Oil and gave the stock a “buy” rating in a research note on Thursday, June 4th. Royal Bank Of Canada raised their price target on shares of Athabasca Oil from C$12.00 to C$12.50 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Finally, Desjardins set a C$12.50 price objective on Athabasca Oil and gave the stock a “hold” rating in a report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of C$11.50.
Get Our Latest Stock Analysis on Athabasca Oil
About Athabasca Oil
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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