Geoffrey Keyser Acquires 3,000 Shares of Advantage Energy Ltd. (TSE:AAV) Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Geoffrey Keyser bought 3,000 shares of the company’s stock in a transaction dated Wednesday, January 29th. The shares were purchased at an average price of C$9.10 per share, with a total value of C$27,300.00.

Advantage Energy Price Performance

Shares of AAV opened at C$9.23 on Monday. Advantage Energy Ltd. has a fifty-two week low of C$8.27 and a fifty-two week high of C$11.73. The firm’s 50-day simple moving average is C$9.39 and its two-hundred day simple moving average is C$9.36. The stock has a market cap of C$1.54 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The company has a debt-to-equity ratio of 46.86, a quick ratio of 0.72 and a current ratio of 0.76.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on AAV shares. BMO Capital Markets increased their price objective on Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th. National Bankshares upgraded shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$11.50 to C$15.00 in a report on Thursday. National Bank Financial upgraded shares of Advantage Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, January 20th. CIBC lifted their target price on shares of Advantage Energy from C$11.00 to C$11.50 in a research note on Friday, January 17th. Finally, TD Securities reissued a “buy” rating and issued a C$13.00 price target on shares of Advantage Energy in a research note on Wednesday, October 9th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$13.77.

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.