Advantage Energy Ltd. (TSE:AAV) Senior Officer Acquires 3,000 Shares

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Geoffrey Keyser bought 3,000 shares of the business’s stock in a transaction on Wednesday, January 29th. The shares were bought at an average cost of C$9.10 per share, for a total transaction of C$27,300.00.

Advantage Energy Stock Down 0.1 %

AAV traded down C$0.01 during trading on Friday, hitting C$9.23. 675,001 shares of the company’s stock were exchanged, compared to its average volume of 480,497. The stock has a market cap of C$1.54 billion, a P/E ratio of 19.64, a PEG ratio of -3.58 and a beta of 1.46. The business’s 50 day moving average is C$9.39 and its two-hundred day moving average is C$9.37. Advantage Energy Ltd. has a fifty-two week low of C$8.27 and a fifty-two week high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. National Bankshares upgraded Advantage Energy from a “sector perform” rating to an “outperform” rating and upped their target price for the company from C$11.50 to C$15.00 in a report on Thursday. CIBC lifted their target price on shares of Advantage Energy from C$11.00 to C$11.50 in a research note on Friday, January 17th. BMO Capital Markets increased their price target on Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th. National Bank Financial raised Advantage Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 20th. Finally, TD Securities reaffirmed a “buy” rating and set a C$13.00 target price on shares of Advantage Energy in a research note on Wednesday, October 9th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Advantage Energy has a consensus rating of “Moderate Buy” and a consensus target price of C$13.77.

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.