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

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Darren Tisdale acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average cost of C$8.85 per share, with a total value of C$26,550.00.

Advantage Energy Price Performance

Shares of AAV traded down C$0.04 during trading hours on Monday, hitting C$8.57. The stock had a trading volume of 403,550 shares, compared to its average volume of 446,821. The stock 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 company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72. The company’s fifty day moving average is C$9.13 and its two-hundred day moving average is C$9.91. Advantage Energy Ltd. has a 52 week low of C$8.02 and a 52 week high of C$11.73.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its quarterly earnings data 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). Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. The firm had revenue of C$144.86 million for the quarter, compared to the consensus estimate of C$161.10 million. On average, analysts anticipate that Advantage Energy Ltd. will post 1.4701493 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AAV shares. BMO Capital Markets lowered their price objective on shares of Advantage Energy from C$13.00 to C$12.00 in a research note on Friday, October 4th. National Bank Financial downgraded shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th. Cormark upgraded shares of Advantage Energy to a “moderate buy” rating in a research note on Monday, September 23rd. National Bankshares cut their price target on Advantage Energy from C$13.00 to C$11.50 in a report on Friday, September 27th. Finally, TD Securities restated a “buy” rating and set a C$13.00 price objective on shares of Advantage Energy in a research report on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus 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.