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 firm’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of C$5.32, for a total value of C$130,340.00.

Athabasca Oil Trading Up 0.2 %

ATH opened at C$5.20 on Thursday. The firm has a market cap of C$2.95 billion, a price-to-earnings ratio of -57.78, a price-to-earnings-growth ratio of -0.51 and a beta of 2.19. Athabasca Oil Co. has a 52 week low of C$2.54 and a 52 week high of C$5.48. The business’s 50 day moving average is C$4.74 and its two-hundred day moving average is C$4.29. The company has a quick ratio of 1.24, a current ratio of 2.70 and a debt-to-equity ratio of 11.72.

Athabasca Oil (TSE:ATH) last released its earnings results on Thursday, February 29th. The oil and gas exploration company reported C$0.03 earnings per share (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%. On average, research analysts predict that Athabasca Oil Co. will post 0.4798903 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ATH. Stifel Nicolaus raised their target price on Athabasca Oil from C$5.00 to C$5.75 and gave the company a “buy” rating in a report on Monday, March 4th. BMO Capital Markets decreased their price objective on Athabasca Oil from C$4.75 to C$4.50 and set a “market perform” rating for the company in a research note on Thursday, December 7th. TD Securities cut Athabasca Oil from a “buy” rating to a “hold” rating and set a C$6.00 target price for the company. in a research note on Tuesday, March 12th. Royal Bank of Canada cut Athabasca Oil from an “outperform” rating to a “sector perform” rating and set a C$6.00 target price for the company. in a research note on Tuesday. Finally, Desjardins boosted their target price on Athabasca Oil from C$5.50 to C$5.75 and gave the stock a “buy” rating in a research note on Friday, March 22nd. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$5.67.

Athabasca Oil Company Profile

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.