Athabasca Oil Co. (OTCMKTS:ATHOF – Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.79 and traded as low as $3.61. Athabasca Oil shares last traded at $3.61, with a volume of 30,949 shares.
Analysts Set New Price Targets
Separately, Raymond James assumed coverage on Athabasca Oil in a report on Friday, October 18th. They issued a “market perform” rating and a $5.50 price objective for the company.
Check Out Our Latest Research 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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