Advantage Energy Ltd. (TSE:AAV) Director Janine Marie Mcardle Purchases 2,047 Shares of Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Director Janine Marie Mcardle acquired 2,047 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was purchased at an average price of C$8.80 per share, for a total transaction of C$18,021.99.

Advantage Energy Trading Down 1.3 %

Shares of AAV stock opened at C$8.82 on Friday. The stock has a market cap of C$1.47 billion, a P/E ratio of 18.77, a P/E/G ratio of -3.58 and a beta of 1.46. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. Advantage Energy Ltd. has a fifty-two week low of C$8.14 and a fifty-two week high of C$11.73. The business has a fifty day simple moving average of C$9.04 and a 200-day simple moving average of C$9.69.

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on AAV. National Bankshares lowered their target price on shares of Advantage Energy from C$13.00 to C$11.50 in a report on Friday, September 27th. Cormark upgraded Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd. National Bank Financial downgraded Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 8th. CIBC restated a “neutral” rating and issued a C$12.00 price target on shares of Advantage Energy in a research note on Thursday, August 29th. Finally, BMO Capital Markets cut their price objective on Advantage Energy from C$13.00 to C$12.00 in a research report on Friday, October 4th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price 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.