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

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Geoffrey Keyser purchased 3,000 shares of the business’s stock in a transaction on Monday, June 17th. The stock was acquired at an average price of C$10.15 per share, for a total transaction of C$30,450.00.

Advantage Energy Price Performance

Shares of AAV opened at C$10.32 on Thursday. Advantage Energy Ltd. has a twelve month low of C$7.74 and a twelve month high of C$11.73. The stock’s 50 day moving average is C$10.86 and its two-hundred day moving average is C$9.80. The firm has a market capitalization of C$1.66 billion, a PE ratio of 18.43, a P/E/G ratio of -3.58 and a beta of 1.61. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 25.01.

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

Analyst Ratings Changes

Several brokerages have issued reports on AAV. BMO Capital Markets reaffirmed an “outperform” rating and set a C$13.00 price objective on shares of Advantage Energy in a report on Monday, April 8th. Desjardins raised their price objective on Advantage Energy from C$13.00 to C$13.50 and gave the stock a “buy” rating in a report on Monday, April 29th. CIBC raised their price objective on Advantage Energy from C$11.00 to C$12.00 and gave the stock a “neutral” rating in a report on Wednesday. Cormark set a C$15.00 price objective on Advantage Energy and gave the stock a “buy” rating in a report on Wednesday. Finally, ATB Capital raised their price objective on Advantage Energy from C$13.00 to C$13.50 and gave the stock an “outperform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, Advantage Energy has an average rating of “Moderate Buy” and an average target price of C$13.42.

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.