Advantage Energy Ltd. (TSE:AAV) Director Buys C$50,800.00 in Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Director Stephen Balog purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 18th. The shares were bought at an average cost of C$10.16 per share, with a total value of C$50,800.00.

Advantage Energy Stock Down 0.9 %

AAV stock opened at C$10.32 on Thursday. The firm has a market cap of C$1.66 billion, a price-to-earnings ratio of 18.43, a PEG ratio of -3.58 and a beta of 1.61. Advantage Energy Ltd. has a 1-year low of C$7.74 and a 1-year high of C$11.73. The firm has a fifty day moving average price of C$10.86 and a two-hundred day moving average price of C$9.80. The company has a debt-to-equity ratio of 25.01, a current ratio of 0.72 and a quick ratio of 0.72.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its quarterly earnings results on Thursday, April 25th. The company reported C$0.14 EPS for the quarter, beating the consensus estimate of C$0.11 by C$0.03. The business had revenue of C$139.38 million during the quarter, compared to analyst estimates of C$132.00 million. Advantage Energy had a net margin of 18.74% and a return on equity of 6.06%. Research analysts predict that Advantage Energy Ltd. will post 0.5729702 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on AAV shares. Scotiabank boosted their price objective on shares of Advantage Energy from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Wednesday. ATB Capital boosted their price target on Advantage Energy from C$13.00 to C$13.50 and gave the company an “outperform” rating in a research report on Wednesday. Desjardins upped their price target on Advantage Energy from C$13.00 to C$13.50 and gave the stock a “buy” rating in a research note on Monday, April 29th. TD Securities reaffirmed a “buy” rating and issued a C$14.00 price objective on shares of Advantage Energy in a research note on Wednesday. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a C$13.00 price target on shares of Advantage Energy in a research report on Monday, April 8th. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, Advantage Energy currently has an average rating of “Moderate Buy” and a consensus price target of C$13.42.

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.