Advantage Energy Ltd. (TSE:AAV) Senior Officer Acquires C$17,720.00 in Stock

Advantage Energy Ltd. (TSE:AAV – Get Rating) (NYSE:AAV) Senior Officer Geoffrey Keyser purchased 2,000 shares of the business’s stock in a transaction on Monday, January 16th. The stock was purchased at an average cost of C$8.86 per share, with a total value of C$17,720.00. Following the completion of the acquisition, the insider now owns 34,125 shares in the company, valued at C$302,347.50.

Advantage Energy Trading Up 2.3 %

AAV traded up C$0.20 on Monday, hitting C$9.00. 208,739 shares of the company were exchanged, compared to its average volume of 1,047,617. The firm has a fifty day simple moving average of C$10.18 and a two-hundred day simple moving average of C$10.44. The company has a debt-to-equity ratio of 14.56, a quick ratio of 0.72 and a current ratio of 0.81. Advantage Energy Ltd. has a 12 month low of C$5.98 and a 12 month high of C$12.19. The stock has a market capitalization of C$1.55 billion and a PE ratio of 2.96.

Advantage Energy (TSE:AAV – Get Rating) (NYSE:AAV) last posted its quarterly earnings results on Thursday, October 27th. The company reported C$0.21 earnings per share (EPS) for the quarter. The company had revenue of C$138.69 million for the quarter. Sell-side analysts expect that Advantage Energy Ltd. will post 1.9600001 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on AAV shares. Stifel Firstegy reissued a “buy” rating on shares of Advantage Energy in a report on Thursday, January 12th. Stifel Nicolaus set a C$14.25 price objective on shares of Advantage Energy and gave the stock a “buy” rating in a report on Friday, January 13th. CIBC dropped their price objective on shares of Advantage Energy from C$13.50 to C$12.00 in a report on Tuesday, January 17th. Scotiabank dropped their price objective on shares of Advantage Energy from C$16.50 to C$14.50 in a report on Tuesday, January 17th. Finally, Raymond James downgraded shares of Advantage Energy from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the stock from C$14.00 to C$12.00 in a report on Monday, January 16th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$13.55.

Advantage Energy Company Profile

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Advantage Energy Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, natural gas, and natural gas liquids in the Province of Alberta, Canada. The company focuses on the development and production of oil and natural gas resource that includes 228 net sections covering an area of 145,920 net acres of Doig/Montney rights in Glacier, Valhalla, Progress, and Pipestone/Wembley.