Athabasca Oil (OTCMKTS:ATHOF) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Athabasca Oil Co. (OTCMKTS:ATHOFGet Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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 changing hands.

Analyst Upgrades and Downgrades

Separately, Raymond James began coverage on Athabasca Oil in a research report on Friday, October 18th. They issued a “market perform” rating and a $5.50 price target for the company.

Get Our Latest Stock Report on Athabasca Oil

Athabasca Oil Trading Up 1.1 %

The firm has a fifty day simple moving average of $3.77 and a 200 day simple moving average of $3.75.

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.

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