Advantage Energy Ltd. (TSE:AAV) Senior Officer Acquires C$26,550.00 in Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Darren Tisdale bought 3,000 shares of the company’s stock in a transaction on Friday, November 15th. The shares were bought at an average price of C$8.85 per share, for a total transaction of C$26,550.00.

Advantage Energy Stock Performance

Shares of AAV stock traded down C$0.04 on Monday, reaching C$8.57. The stock had a trading volume of 403,550 shares, compared to its average volume of 446,821. Advantage Energy Ltd. has a 12 month low of C$8.02 and a 12 month high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. The firm has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of -3.58 and a beta of 1.46. The firm’s 50-day moving average is C$9.13 and its two-hundred day moving average is C$9.91.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings data on Thursday, October 24th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.07). Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. The business had revenue of C$144.86 million during the quarter, compared to analyst estimates of C$161.10 million. On average, research analysts expect that Advantage Energy Ltd. will post 1.4701493 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AAV. TD Securities reaffirmed a “buy” rating and issued a C$13.00 target price on shares of Advantage Energy in a research note on Wednesday, October 9th. National Bankshares reduced their price target on Advantage Energy from C$13.00 to C$11.50 in a research report on Friday, September 27th. Cormark raised shares of Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd. National Bank Financial downgraded shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 8th. Finally, CIBC reissued a “neutral” rating and set a C$12.00 price target on shares of Advantage Energy in a research report on Thursday, August 29th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$13.21.

About Advantage Energy

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.