Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Purchases 132,200 Shares of Stock

Athabasca Oil Co. (TSE:ATHGet Free Report) insider Athabasca Oil Corporation purchased 132,200 shares of the stock in a transaction that occurred on Tuesday, October 14th. The shares were purchased at an average cost of C$6.53 per share, for a total transaction of C$863,266.00. Following the completion of the acquisition, the insider directly owned 1,280,700 shares of the company’s stock, valued at C$8,362,971. This represents a 11.51% increase in their position.

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

  • On Wednesday, October 1st, Athabasca Oil Corporation purchased 128,000 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$6.72 per share, for a total transaction of C$860,160.00.
  • On Thursday, October 2nd, Athabasca Oil Corporation purchased 128,400 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$6.72 per share, for a total transaction of C$862,848.00.
  • On Friday, October 3rd, Athabasca Oil Corporation purchased 128,800 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$6.69 per share, for a total transaction of C$861,672.00.
  • On Monday, October 6th, Athabasca Oil Corporation purchased 127,000 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$6.79 per share, for a total transaction of C$862,330.00.
  • On Tuesday, October 7th, Athabasca Oil Corporation purchased 126,800 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$6.80 per share, for a total transaction of C$862,240.00.
  • On Wednesday, October 8th, Athabasca Oil Corporation purchased 122,200 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$7.07 per share, for a total transaction of C$863,954.00.
  • On Thursday, October 9th, Athabasca Oil Corporation acquired 121,900 shares of Athabasca Oil stock. The shares were bought at an average price 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 price of C$6.74 per share, for a total transaction 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 price of C$6.26 per share, for a total transaction of C$860,750.00.
  • On Wednesday, October 15th, Athabasca Oil Corporation bought 133,500 shares of Athabasca Oil stock. The stock was bought at an average price of C$6.47 per share, for a total transaction of C$863,745.00.

Athabasca Oil Stock Up 2.3%

Shares of TSE ATH opened at C$7.05 on Tuesday. The company’s 50-day simple moving average is C$6.53 and its 200-day simple moving average is C$5.82. Athabasca Oil Co. has a 52-week low of C$4.05 and a 52-week high of C$7.20. The firm has a market cap of C$3.43 billion, a price-to-earnings ratio of 8.10, a price-to-earnings-growth ratio of -0.51 and a beta of 0.99. The company has a quick ratio of 1.24, a current ratio of 2.54 and a debt-to-equity ratio of 12.55.

Analyst Upgrades and Downgrades

ATH has been the topic of several research analyst reports. Raymond James Financial lifted their target price on shares of Athabasca Oil from C$6.50 to C$7.00 in a research report on Thursday, October 30th. Scotiabank lifted their target price on shares of Athabasca Oil from C$6.50 to C$7.00 and gave the company a “sector perform” rating in a research report on Thursday, October 9th. Royal Bank Of Canada lifted their target price on shares of Athabasca Oil from C$6.50 to C$7.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Finally, TD Securities increased their target price on shares of Athabasca Oil from C$6.50 to C$7.00 and gave the company a “hold” rating in a research report on Thursday, October 30th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$6.80.

View Our Latest Stock Analysis on ATH

Athabasca Oil Company Profile

(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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