Athabasca Oil (TSE:ATH) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Posted by ABMN Staff on Mar 25th, 2025

Athabasca Oil Co. (TSE:ATH – Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$5.09 and traded as high as C$5.56. Athabasca Oil shares last traded at C$5.54, with a volume of 2,099,323 shares traded.

Analysts Set New Price Targets

Several research firms recently commented on ATH. BMO Capital Markets dropped their target price on Athabasca Oil from C$7.00 to C$6.00 in a report on Thursday, March 6th. Royal Bank of Canada raised Athabasca Oil from a “hold” rating to a “moderate buy” rating in a research note on Monday, March 10th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$6.25.

Check Out Our Latest Report on Athabasca Oil

Athabasca Oil Stock Up 2.6 %

The firm’s fifty day simple moving average is C$4.99 and its two-hundred day simple moving average is C$5.09. The company has a market capitalization of C$2.88 billion, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of -0.51 and a beta of 2.05. The company has a current ratio of 2.54, a quick ratio of 1.24 and a debt-to-equity ratio of 12.55.

Insider Activity at Athabasca Oil

In other news, insider Athabasca Oil Corporation purchased 105,700 shares of the stock in a transaction dated Friday, January 31st. The stock was acquired at an average cost of C$4.91 per share, for a total transaction of C$519,409.80. 0.24% of the stock is currently owned by insiders.

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.