Advantage Energy Ltd. (TSE:AAV) Receives Average Recommendation of “Moderate Buy” from Analysts

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has been assigned an average rating of “Moderate Buy” from the eleven analysts that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$13.21.

Several equities research analysts recently issued reports on the stock. BMO Capital Markets dropped their target price on shares of Advantage Energy from C$13.00 to C$12.00 in a report on Friday, October 4th. National Bank Financial lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th. Cormark raised Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd. ATB Capital boosted their price objective on Advantage Energy from C$13.50 to C$14.00 in a research note on Wednesday, July 10th. Finally, National Bankshares decreased their target price on shares of Advantage Energy from C$13.00 to C$11.50 in a research note on Friday, September 27th.

Advantage Energy Stock Performance

Shares of AAV stock opened at C$9.12 on Thursday. The company has a debt-to-equity ratio of 46.86, a quick ratio of 0.72 and a current ratio of 0.76. The company has a market capitalization of C$1.52 billion, a price-to-earnings ratio of 19.40, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. Advantage Energy has a one year low of C$8.02 and a one year high of C$11.73. The company’s 50-day moving average is C$9.34 and its 200 day moving average is C$10.06.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its earnings results on Thursday, July 25th. The company reported C($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.04). The business had revenue of C$100.66 million during the quarter, compared to analysts’ expectations of C$108.50 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. Sell-side analysts expect that Advantage Energy will post 1.4701493 EPS for the current fiscal year.

Insider Buying and Selling at Advantage Energy

In related news, Senior Officer Donald Craig Blackwood bought 5,435 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The stock was bought at an average cost of C$9.20 per share, with a total value of C$50,002.00. In other news, Senior Officer Donald Craig Blackwood purchased 5,435 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was bought at an average cost of C$9.20 per share, with a total value of C$50,002.00. Also, Director John Festival purchased 20,000 shares of the business’s stock in a transaction on Friday, September 27th. The shares were purchased at an average price of C$8.94 per share, with a total value of C$178,800.00. Insiders purchased a total of 45,435 shares of company stock valued at $420,402 in the last three months. 1.55% of the stock is currently owned by corporate insiders.

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.