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

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

Advantage Energy Stock Performance

TSE:AAV opened at C$9.12 on Thursday. 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 twelve month low of C$8.02 and a twelve month high of C$11.73. The stock has a market cap of C$1.52 billion, a P/E ratio of 18.21, a PEG ratio of -3.58 and a beta of 1.46. The business’s 50-day moving average price is C$9.11 and its two-hundred day moving average price is C$9.89.

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 analysts’ consensus estimates of C$0.03 by C($0.07). The business had revenue of C$144.86 million during 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%. As a group, equities analysts predict that Advantage Energy Ltd. will post 1.4701493 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. BMO Capital Markets decreased their price objective on shares of Advantage Energy from C$13.00 to C$12.00 in a research report on Friday, October 4th. CIBC reaffirmed a “neutral” rating and set a C$12.00 price objective on shares of Advantage Energy in a research report on Thursday, August 29th. National Bank Financial cut Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th. TD Securities reiterated a “buy” rating and set a C$13.00 price objective on shares of Advantage Energy in a research report on Wednesday, October 9th. Finally, National Bankshares lowered their price target on shares of Advantage Energy from C$13.00 to C$11.50 in a research report on Friday, September 27th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average 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.