Athabasca Oil (OTCMKTS:ATHOF) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Athabasca Oil Co. (OTCMKTS:ATHOFGet Free Report)’s share price 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.

Analyst Ratings Changes

Separately, Raymond James started coverage on Athabasca Oil in a research note on Friday, October 18th. They issued a “market perform” rating and a $5.50 price objective on the stock.

Check Out Our Latest Report on Athabasca Oil

Athabasca Oil Price Performance

The business has a 50 day simple moving average of $3.65 and a 200 day simple moving average of $3.76.

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.

Read More

Receive News & Ratings for Athabasca Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Athabasca Oil and related companies with MarketBeat.com's FREE daily email newsletter.