BMO Capital Markets downgraded Athabasca Oil Corp (TSE:ATH) from Market Perform to Underperform in a report released today.

Just yesterday Athabasca Oil Corp (TSE:ATH) traded -1.08% lower at $1.00. Athabasca Oil Corp’s 50-day moving average is $0.94 and its 200-day moving average is $1.25. The last closing price is down -26.59% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has increased 0.04% over the same time period. 251,990 shares of ATH traded hands, down from an average trading volume of 818,094

BMO Capital Markets has downgraded Athabasca Oil Corp (TSE:ATH) from Market Perform to Underperform in a report released on 6/26/2017.

Recent Performance Chart

Athabasca Oil Corp has 52 week low of $0.86 and a 52 week high of $2.14 and has a market capitalization of $0.

In addition to BMO Capital Markets reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $1.92 with 1 broker rating the stock a strong buy, 5 brokers rating the stock a buy, 5 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Athabasca Oil Corp (TSE:ATH)

Athabasca Oil Corporation is a Canada-based energy company, which is focused on the exploration for, and development and production of, light oil and liquids-rich natural gas from regions in northwestern Alberta, Canada, and bitumen from oil sands in the Athabasca region of northeastern Alberta, Canada. Its segments are Light Oil, including the Company’s assets, liabilities and operating results for the exploration, development and production of unconventional oil, natural gas and natural gas liquids located in various regions in the province of Alberta, and Thermal Oil, including the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of northern Alberta. The Company’s principal properties include Kaybob and Placid asset areas located in northwestern Alberta and Hangingstone asset. The Company’s other asset areas include Dover West, Birch and Grosmont.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

5 + 15 =