Advantage Energy Ltd. (TSE:AAV) Senior Officer Acquires C$50,002.00 in Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Donald Craig Blackwood bought 5,435 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were bought at an average price of C$9.20 per share, with a total value of C$50,002.00.

Advantage Energy Trading Down 4.4 %

Shares of AAV stock traded down C$0.42 on Monday, hitting C$9.13. The company had a trading volume of 565,092 shares, compared to its average volume of 447,709. The firm has a market cap of C$1.47 billion, a P/E ratio of 16.30, a P/E/G ratio of -3.58 and a beta of 1.61. The stock’s 50-day moving average is C$10.41 and its two-hundred day moving average is C$10.13. The company has a debt-to-equity ratio of 25.01, a quick ratio of 0.72 and a current ratio of 0.72. Advantage Energy Ltd. has a twelve month low of C$8.02 and a twelve month high of C$11.73.

Analyst Ratings Changes

Several analysts recently weighed in on AAV shares. ATB Capital upped their price objective on Advantage Energy from C$13.50 to C$14.00 in a research report on Wednesday, July 10th. TD Securities restated a “buy” rating and set a C$14.00 price objective on shares of Advantage Energy in a research report on Friday, July 26th. Desjardins upped their price objective on Advantage Energy from C$13.00 to C$13.50 and gave the stock a “buy” rating in a research report on Monday, April 29th. National Bankshares upped their price objective on Advantage Energy from C$12.50 to C$13.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 19th. Finally, BMO Capital Markets restated an “outperform” rating and set a C$13.00 price objective on shares of Advantage Energy in a research report on Monday, April 8th. Two investment 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, Advantage Energy presently has an average rating of “Moderate Buy” and an average target price of C$13.68.

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.