Michael S. J. Wojcichowsky Sells 24,500 Shares of Athabasca Oil Co. (TSE:ATH) Stock

Athabasca Oil Co. (TSE:ATH) Senior Officer Michael S. J. Wojcichowsky sold 24,500 shares of the business’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of C$5.32, for a total value of C$130,340.00.

Athabasca Oil Stock Up 0.2 %

Shares of ATH opened at C$5.20 on Thursday. The company has a market capitalization of C$2.95 billion, a P/E ratio of -57.78, a PEG ratio of -0.51 and a beta of 2.19. The company has a debt-to-equity ratio of 11.72, a current ratio of 2.70 and a quick ratio of 1.24. Athabasca Oil Co. has a one year low of C$2.54 and a one year high of C$5.48. The business’s 50 day simple moving average is C$4.74 and its 200-day simple moving average is C$4.29.

Athabasca Oil (TSE:ATH) last announced its earnings results on Thursday, February 29th. The oil and gas exploration company reported C$0.03 EPS for the quarter. The business had revenue of C$315.93 million for the quarter. Athabasca Oil had a negative return on equity of 3.11% and a negative net margin of 4.29%. As a group, sell-side analysts predict that Athabasca Oil Co. will post 0.4798903 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ATH has been the topic of several research reports. Stifel Nicolaus boosted their price target on Athabasca Oil from C$5.00 to C$5.75 and gave the company a “buy” rating in a research note on Monday, March 4th. ATB Capital boosted their price target on Athabasca Oil from C$5.50 to C$6.00 and gave the company an “outperform” rating in a research note on Wednesday, March 20th. TD Securities lowered Athabasca Oil from a “buy” rating to a “hold” rating and set a C$6.00 price target on the stock. in a research note on Tuesday, March 12th. Royal Bank of Canada lowered Athabasca Oil from an “outperform” rating to a “sector perform” rating and set a C$6.00 price target on the stock. in a research note on Tuesday. Finally, Desjardins lifted their price objective on Athabasca Oil from C$5.50 to C$5.75 and gave the company a “buy” rating in a report on Friday, March 22nd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$5.67.

About Athabasca Oil

Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. The company operates through Thermal Oil and Light Oil segments. Its principal properties are in the Greater Placid and Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer and Hangingstone projects located in the Athabasca region of northeastern Alberta.