Athabasca Oil Co. (OTCMKTS:ATHOF – Get Free Report)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.74 and traded as low as $3.70. Athabasca Oil shares last traded at $3.78, with a volume of 111,992 shares traded.
Analyst Upgrades and Downgrades
Separately, Raymond James assumed coverage on Athabasca Oil in a research report on Friday, October 18th. They issued a “market perform” rating and a $5.50 price objective for the company.
Get Our Latest Stock Analysis on Athabasca Oil
Athabasca Oil Stock Performance
Athabasca Oil Company Profile
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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