Athabasca Oil Co. (TSE:ATH – Get Free Report) insider Athabasca Oil Corporation purchased 49,400 shares of the company’s stock in a transaction dated Wednesday, September 23rd. The shares were bought at an average cost of C$10.10 per share, for a total transaction of C$498,940.00. Following the acquisition, the insider owned 791,500 shares in the company, valued at approximately C$7,994,150. The trade was a 6.66% increase in their ownership of the stock.
Athabasca Oil Corporation also recently made the following trade(s):
- On Monday, September 21st, Athabasca Oil Corporation acquired 49,400 shares of Athabasca Oil stock. The shares were bought at an average price of C$10.08 per share, for a total transaction of C$497,952.00.
- On Tuesday, September 22nd, Athabasca Oil Corporation bought 49,500 shares of Athabasca Oil stock. The stock was bought at an average price of C$10.14 per share, for a total transaction of C$501,930.00.
- On Thursday, September 24th, Athabasca Oil Corporation bought 49,200 shares of Athabasca Oil stock. The stock was bought at an average cost of C$10.20 per share, with a total value of C$501,840.00.
- On Friday, September 25th, Athabasca Oil Corporation bought 48,600 shares of Athabasca Oil stock. The shares were bought at an average price of C$10.23 per share, with a total value of C$497,178.00.
- On Monday, September 28th, Athabasca Oil Corporation purchased 47,700 shares of Athabasca Oil stock. The stock was purchased at an average price of C$10.45 per share, for a total transaction of C$498,465.00.
- On Tuesday, September 29th, Athabasca Oil Corporation acquired 48,700 shares of Athabasca Oil stock. The stock was purchased at an average cost of C$10.28 per share, with a total value of C$500,636.00.
- On Wednesday, August 19th, Athabasca Oil Corporation acquired 46,200 shares of Athabasca Oil stock. The shares were purchased 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 bought 45,500 shares of Athabasca Oil stock. The stock was purchased 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 bought 45,300 shares of Athabasca Oil stock. The stock was purchased at an average cost 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 stock was purchased at an average cost of C$10.78 per share, for a total transaction of C$500,192.00.
Athabasca Oil Stock Performance
Shares of Athabasca Oil stock traded up C$0.06 during trading hours on Thursday, reaching C$10.45. 1,131,948 shares of the stock traded hands, compared to its average volume of 2,449,784. Athabasca Oil Co. has a one year low of C$6.11 and a one year high of C$12.86. The firm has a market capitalization of C$5.03 billion, a price-to-earnings ratio of 22.23, a P/E/G ratio of -0.51 and a beta of -0.17. The company has a quick ratio of 1.24, a current ratio of 1.90 and a debt-to-equity ratio of 10.95. The company has a 50 day moving average price of C$10.60 and a 200 day moving average price of C$10.81.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on ATH shares. 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. BMO Capital Markets downgraded Athabasca Oil from an “outperform” rating to a “hold” rating and set a C$12.50 target price on the stock. in a research report on Wednesday, September 16th. Royal Bank Of Canada set a C$12.00 price target on Athabasca Oil and gave the company a “sector perform” rating in a report on Thursday, September 10th. Finally, Jefferies Financial Group set a C$14.00 price objective on Athabasca Oil and gave the stock a “buy” rating in a research note on Thursday, June 4th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$11.56.
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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