Advantage Energy Ltd. (TSE:AAV) Director John Festival Purchases 20,000 Shares

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Director John Festival purchased 20,000 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were purchased at an average cost of C$8.80 per share, for a total transaction of C$176,000.00.

John Festival also recently made the following trade(s):

• On Friday, September 27th, John Festival acquired 20,000 shares of Advantage Energy stock. The stock was purchased at an average price of C$8.94 per share, with a total value of C$178,800.00.

Advantage Energy Stock Down 0.6 %

Shares of AAV opened at C$8.96 on Thursday. The stock has a fifty day simple moving average of C$9.31 and a two-hundred day simple moving average of C$10.03. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. The company has a market capitalization of C$1.50 billion, a PE ratio of 19.06, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. Advantage Energy Ltd. has a 52-week low of C$8.02 and a 52-week high of C$11.73.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released 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 for the quarter, compared to analyst estimates of C$161.10 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. As a group, equities analysts forecast that Advantage Energy Ltd. will post 1.4701493 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AAV shares. CIBC restated a “neutral” rating and issued a C$12.00 price target on shares of Advantage Energy in a research note on Thursday, August 29th. Cormark upgraded Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd. ATB Capital upped their target price on Advantage Energy from C$13.50 to C$14.00 in a research note on Wednesday, July 10th. 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. Finally, National Bankshares cut their price objective on Advantage Energy from C$13.00 to C$11.50 in a research note on Friday, September 27th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.