Key Points
- Athabasca Oil Corporation bought 45,400 shares on May 27 at an average price of C$11.09, lifting its ownership to 864,800 shares and increasing its stake by 5.54%.
- The insider also made several additional purchases later that week, including 44,900 shares on May 26, 45,700 shares on May 28, and 46,900 shares on May 29, signaling continued buying activity.
- The company recently reported quarterly EPS of C$0.10 on revenue of C$355.58 million, while analysts currently have a Hold consensus with an average price target of C$10.38.
Athabasca Oil Co. (TSE:ATH - Get Free Report) insider Athabasca Oil Corporation acquired 45,400 shares of the company's stock in a transaction dated Wednesday, May 27th. The stock was acquired at an average cost of C$11.09 per share, with a total value of C$503,486.00. Following the purchase, the insider owned 864,800 shares of the company's stock, valued at approximately C$9,590,632. This trade represents a 5.54% increase in their ownership of the stock.
Athabasca Oil Corporation also recently made the following trade(s):
- On Tuesday, May 26th, Athabasca Oil Corporation acquired 44,900 shares of Athabasca Oil stock. The stock was acquired at an average cost of C$11.53 per share, with a total value of C$517,697.00.
- On Thursday, May 28th, Athabasca Oil Corporation acquired 45,700 shares of Athabasca Oil stock. The stock was acquired at an average cost of C$11.31 per share, with a total value of C$516,867.00.
- On Friday, May 29th, Athabasca Oil Corporation acquired 46,900 shares of Athabasca Oil stock. The stock was acquired at an average cost of C$11.00 per share, with a total value of C$515,900.00.
Athabasca Oil Stock Performance
TSE ATH opened at C$11.42 on Tuesday. The firm has a market cap of C$5.53 billion, a price-to-earnings ratio of 25.38, a price-to-earnings-growth ratio of -0.51 and a beta of 0.12. The company has a quick ratio of 1.24, a current ratio of 1.74 and a debt-to-equity ratio of 11.35. The business has a 50-day moving average price of C$11.19 and a 200-day moving average price of C$9.01. Athabasca Oil Co. has a twelve month low of C$5.19 and a twelve month high of C$12.86.
Athabasca Oil (TSE:ATH - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The oil and gas exploration company reported C$0.10 earnings per share for the quarter. The firm had revenue of C$355.58 million during the quarter. Athabasca Oil had a return on equity of 12.23% and a net margin of 16.25%. As a group, equities research analysts predict that Athabasca Oil Co. will post 0.5403473 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. Royal Bank Of Canada increased their price target on 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. National Bank Financial increased their price target on Athabasca Oil from C$9.00 to C$12.50 and gave the company an "outperform" rating in a research note on Tuesday, March 31st. TD Securities increased their price target on Athabasca Oil from C$6.50 to C$8.00 and gave the company a "hold" rating in a research note on Friday, March 6th. Finally, Raymond James Financial raised Athabasca Oil from a "hold" rating to a "moderate buy" rating and increased their price target for the company from C$8.00 to C$13.00 in a research note on Monday, March 30th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of C$10.38.
View Our Latest Research Report on Athabasca Oil
About Athabasca Oil
(
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.
Further Reading
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