Insider Buying: Advantage Energy Ltd. (TSE:AAV) Senior Officer Acquires C$30,450.00 in Stock

Advantage Energy Ltd. (TSE:AAVGet Free Report) (NYSE:AAV) Senior Officer Geoffrey Keyser bought 3,000 shares of Advantage Energy stock in a transaction on Monday, June 17th. The shares were purchased at an average price of C$10.15 per share, for a total transaction of C$30,450.00.

Advantage Energy Stock Up 0.6 %

AAV stock opened at C$10.38 on Friday. The business’s 50-day moving average price is C$10.86 and its 200-day moving average price is C$9.80. The stock has a market cap of C$1.67 billion, a P/E ratio of 18.54, a PEG ratio of -3.58 and a beta of 1.61. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 25.01. Advantage Energy Ltd. has a twelve month low of C$7.74 and a twelve month high of C$11.73.

Advantage Energy (TSE:AAVGet Free Report) (NYSE:AAV) last released its earnings results on Thursday, April 25th. The company reported C$0.14 EPS for the quarter, topping analysts’ consensus estimates of C$0.11 by C$0.03. The company had revenue of C$139.38 million for the quarter, compared to analysts’ expectations of C$132.00 million. Advantage Energy had a net margin of 18.74% and a return on equity of 6.06%. On average, equities research analysts forecast that Advantage Energy Ltd. will post 0.5729702 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on AAV. Cormark set a C$15.00 price objective on shares of Advantage Energy and gave the stock a “buy” rating in a research note on Wednesday. Desjardins upped their price target on Advantage Energy from C$13.00 to C$13.50 and gave the stock a “buy” rating in a research note on Monday, April 29th. Scotiabank raised their price objective on Advantage Energy from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research report on Wednesday. TD Securities reissued a “buy” rating and issued a C$14.00 target price on shares of Advantage Energy in a report on Wednesday. Finally, Royal Bank of Canada raised their price target on Advantage Energy from C$11.00 to C$12.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$13.42.

Get Our Latest Analysis on AAV

Advantage Energy Company Profile

(Get Free Report)

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.

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