Advantage Energy Ltd. (TSE:AAV) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus rating of “Moderate Buy” from the eleven brokerages that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$13.21.

AAV has been the topic of several research reports. BMO Capital Markets dropped their price objective on shares of Advantage Energy from C$13.00 to C$12.00 in a report on Friday, October 4th. TD Securities reaffirmed a “buy” rating and set a C$13.00 price target on shares of Advantage Energy in a research note on Wednesday, October 9th. National Bankshares reduced their price objective on Advantage Energy from C$13.00 to C$11.50 in a research note on Friday, September 27th. Cormark upgraded Advantage Energy to a “moderate buy” rating in a report on Monday, September 23rd. Finally, National Bank Financial cut Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th.

Insider Transactions at Advantage Energy

In other Advantage Energy news, Director David Glenson Smith bought 20,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was purchased at an average cost of C$8.81 per share, with a total value of C$176,160.00. Also, Senior Officer Darren Tisdale purchased 3,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was bought at an average cost of C$8.85 per share, for a total transaction of C$26,550.00. Insiders bought a total of 54,047 shares of company stock worth $476,272 in the last quarter. 1.55% of the stock is currently owned by corporate insiders.

Advantage Energy Trading Up 2.0 %

TSE AAV opened at C$10.13 on Tuesday. The stock has a market capitalization of C$1.69 billion, a P/E ratio of 21.55, a P/E/G ratio of -3.58 and a beta of 1.46. The business has a 50 day simple moving average of C$9.00 and a 200 day simple moving average of C$9.44. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72. Advantage Energy has a one year low of C$8.24 and a one year high of C$11.73.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings data on Thursday, October 24th. The company reported C($0.04) EPS for the quarter, missing the consensus estimate of C$0.03 by C($0.07). The company 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%. Research analysts expect that Advantage Energy will post 1.4701493 earnings per share for the current year.

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.