Athabasca Oil (OTCMKTS:ATHOF) Share Price Crosses Below Fifty Day Moving Average of $3.75

Athabasca Oil Co. (OTCMKTS:ATHOFGet Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.75 and traded as low as $3.46. Athabasca Oil shares last traded at $3.52, with a volume of 1,209,555 shares changing hands.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets reissued an “outperform” rating and set a $6.50 price target on shares of Athabasca Oil in a research report on Monday, April 8th.

Get Our Latest Stock Analysis on ATHOF

Athabasca Oil Stock Up 0.6 %

The firm’s 50 day moving average is $3.75 and its 200 day moving average is $3.32.

Athabasca Oil Company Profile

(Get Free Report)

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

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