Advantage Energy (TSE:AAV) Insider Purchases C$39,360.00 in Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) insider Darren Tisdale bought 4,100 shares of Advantage Energy stock in a transaction on Tuesday, June 16th. The shares were purchased at an average cost of C$9.60 per share, with a total value of C$39,360.00. Following the completion of the purchase, the insider directly owned 217,782 shares in the company, valued at C$2,090,707.20. This trade represents a 1.92% increase in their ownership of the stock.

Advantage Energy Price Performance

Shares of TSE:AAV opened at C$9.83 on Friday. The firm’s 50 day moving average is C$9.98 and its two-hundred day moving average is C$10.78. Advantage Energy Ltd. has a 52 week low of C$9.19 and a 52 week high of C$13.20. The firm has a market capitalization of C$1.65 billion, a P/E ratio of 15.12, a PEG ratio of -3.58 and a beta of -0.42. The company has a current ratio of 0.38, a quick ratio of 0.72 and a debt-to-equity ratio of 48.61.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings results on Thursday, March 5th. The company reported C$0.06 earnings per share for the quarter. The company had revenue of C$169.03 million for the quarter. Advantage Energy had a return on equity of 6.59% and a net margin of 16.83%. Analysts anticipate that Advantage Energy Ltd. will post 1.4701493 earnings per share for the current year.

Analyst Ratings Changes

Separately, BMO Capital Markets lowered Advantage Energy from an “outperform” rating to a “hold” rating and set a C$12.00 price target for the company. in a research report on Tuesday, April 7th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Advantage Energy currently has a consensus rating of “Moderate Buy” and an average price target of C$14.17.

About Advantage Energy

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.