Athabasca Oil Co. (OTCMKTS:ATHOF – Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.60 and traded as low as $3.30. Athabasca Oil shares last traded at $3.44, with a volume of 394,883 shares traded.
Wall Street Analysts Forecast Growth
Separately, Raymond James started coverage on shares of Athabasca Oil in a research report on Friday, October 18th. They set a “market perform” rating and a $5.50 price objective on the stock.
Read Our Latest Report on ATHOF
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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