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

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$14.17.

Separately, Scotiabank raised shares of Advantage Energy to a “strong-buy” rating in a research report on Friday, June 26th.

Insider Activity

In other news, insider Darren Tisdale purchased 4,100 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was acquired at an average cost of C$9.60 per share, with a total value of C$39,360.00. Following the acquisition, the insider owned 217,782 shares in the company, valued at approximately C$2,090,707.20. This trade represents a 1.92% increase in their ownership of the stock. Also, insider Donald Craig Blackwood purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were purchased at an average cost of C$9.55 per share, with a total value of C$95,500.00. Following the completion of the acquisition, the insider owned 1,109,248 shares in the company, valued at approximately C$10,593,318.40. This represents a 0.91% increase in their position. Over the last three months, insiders bought 66,195 shares of company stock worth $634,888. 1.55% of the stock is currently owned by company insiders.

Advantage Energy Trading Down 0.7%

TSE:AAV opened at C$11.12 on Tuesday. The business’s 50-day moving average is C$10.64 and its two-hundred day moving average is C$10.51. The company has a debt-to-equity ratio of 55.11, a current ratio of 0.34 and a quick ratio of 0.72. Advantage Energy has a 12 month low of C$9.19 and a 12 month high of C$13.20. The firm has a market capitalization of C$1.86 billion, a PE ratio of 22.69, a price-to-earnings-growth ratio of -3.58 and a beta of -0.53.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its earnings results on Thursday, July 30th. The company reported C$0.27 earnings per share for the quarter. The company had revenue of C$178.76 million during the quarter. Advantage Energy had a return on equity of 4.91% and a net margin of 12.02%. Research analysts predict that Advantage Energy will post 1.4701493 earnings per share for the current fiscal year.

Advantage Energy Company Profile

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.