Insider Buying: Advantage Energy Ltd. (TSE:AAV) Senior Officer Buys 3,000 Shares of Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Darren Tisdale purchased 3,000 shares of the stock in a transaction dated Friday, November 15th. The shares were purchased at an average price of C$8.85 per share, with a total value of C$26,550.00.

Advantage Energy Stock Performance

TSE:AAV opened at C$8.58 on Tuesday. Advantage Energy Ltd. has a twelve month low of C$8.02 and a twelve month high of C$11.73. The firm has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 18.32, a PEG ratio of -3.58 and a beta of 1.46. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 46.86. The firm’s fifty day simple moving average is C$9.13 and its 200 day simple moving average is C$9.91.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its earnings results on Thursday, October 24th. The company reported C($0.04) EPS for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.07). Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. The firm had revenue of C$144.86 million for the quarter, compared to analyst estimates of C$161.10 million. As a group, equities research analysts expect that Advantage Energy Ltd. will post 1.4701493 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. TD Securities reiterated a “buy” rating and issued a C$13.00 price objective on shares of Advantage Energy in a research note on Wednesday, October 9th. BMO Capital Markets decreased their price objective on Advantage Energy from C$13.00 to C$12.00 in a research note on Friday, October 4th. National Bank Financial downgraded Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 8th. National Bankshares reduced their target price on shares of Advantage Energy from C$13.00 to C$11.50 in a report on Friday, September 27th. Finally, CIBC reiterated a “neutral” rating and set a C$12.00 price target on shares of Advantage Energy in a report on Thursday, August 29th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$13.21.

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.