Athabasca Oil Co. (OTCMKTS:ATHOF – Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.65 and traded as high as $3.70. Athabasca Oil shares last traded at $3.68, with a volume of 172,511 shares trading hands.
Analyst Ratings Changes
Separately, Raymond James started coverage on Athabasca Oil in a research note on Friday, October 18th. They set a “market perform” rating and a $5.50 target price on the stock.
Check Out Our Latest Stock Analysis on Athabasca Oil
Athabasca Oil Stock Performance
About Athabasca Oil
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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