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

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus rating of “Moderate Buy” from the twelve research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$13.29.

AAV has been the topic of a number of research analyst reports. Scotiabank increased their target price on Advantage Energy from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a report on Wednesday, June 19th. Cormark raised shares of Advantage Energy to a “moderate buy” rating in a report on Monday, September 23rd. CIBC reissued a “neutral” rating and set a C$12.00 target price on shares of Advantage Energy in a report on Thursday, August 29th. National Bankshares decreased their price target on shares of Advantage Energy from C$13.00 to C$11.50 in a report on Friday, September 27th. Finally, ATB Capital increased their price objective on shares of Advantage Energy from C$13.50 to C$14.00 in a research note on Wednesday, July 10th.

Advantage Energy Trading Up 2.2 %

AAV opened at C$9.71 on Friday. Advantage Energy has a 12-month low of C$8.02 and a 12-month high of C$11.73. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72. The stock has a market capitalization of C$1.62 billion, a PE ratio of 20.66, a P/E/G ratio of -3.58 and a beta of 1.48. The firm’s fifty day moving average price is C$9.40 and its 200 day moving average price is C$10.12.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its earnings results on Thursday, July 25th. The company reported C($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.04). Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. The company had revenue of C$100.66 million during the quarter, compared to analyst estimates of C$108.50 million. As a group, research analysts expect that Advantage Energy will post 1.4695513 EPS for the current fiscal year.

Insider Buying and Selling at Advantage Energy

In related news, Director Jill Terilee Angevine bought 24,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 10th. The stock was purchased at an average price of C$9.91 per share, for a total transaction of C$237,919.20. In other news, Director Jill Terilee Angevine bought 24,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 10th. The shares were purchased at an average price of C$9.91 per share, with a total value of C$237,919.20. Also, Director John Festival purchased 20,000 shares of the firm’s stock in a transaction on Monday, July 29th. The shares were purchased at an average cost of C$9.58 per share, with a total value of C$191,600.00. Insiders have acquired 69,435 shares of company stock valued at $658,321 in the last quarter. Corporate insiders own 1.53% of the company’s stock.

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.