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

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Director Janine Marie Mcardle bought 2,047 shares of the stock in a transaction dated Wednesday, December 11th. The shares were 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 %

AAV traded down C$0.12 on Friday, hitting C$8.82. The company had a trading volume of 344,408 shares, compared to its average volume of 448,621. The business’s fifty day simple moving average is C$9.06 and its 200 day simple moving average is C$9.70. Advantage Energy Ltd. has a 12-month low of C$8.14 and a 12-month high of C$11.73. The company has a market cap of C$1.47 billion, a PE ratio of 18.68, a PEG 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 (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings data on Thursday, October 24th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.03 by C($0.07). The firm had revenue of C$144.86 million during the quarter, compared to the consensus estimate of C$161.10 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. Equities research analysts expect that Advantage Energy Ltd. will post 1.4701493 EPS for the current year.

Analyst Ratings Changes

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

Advantage Energy Company Profile

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.