Geoffrey Keyser Acquires 4,000 Shares of Advantage Energy Ltd. (TSE:AAV) Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Geoffrey Keyser purchased 4,000 shares of the stock in a transaction dated Monday, October 28th. The shares were acquired at an average price of C$8.89 per share, with a total value of C$35,540.00.

Advantage Energy Stock Down 2.4 %

TSE:AAV traded down C$0.22 during midday trading on Monday, reaching C$8.90. The company had a trading volume of 98,312 shares, compared to its average volume of 443,287. Advantage Energy Ltd. has a 12-month low of C$8.02 and a 12-month high of C$11.73. The firm has a market capitalization of C$1.49 billion, a price-to-earnings ratio of 19.40, a PEG ratio of -3.58 and a beta of 1.46. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 46.86. The stock’s fifty day simple moving average is C$9.35 and its 200-day simple moving average is C$10.05.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its earnings results on Thursday, October 24th. The company reported C($0.04) earnings per share for the quarter, missing the consensus estimate of C$0.03 by C($0.07). The firm had revenue of C$144.86 million during the quarter, compared to analysts’ expectations of C$161.10 million. Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. On average, sell-side analysts anticipate that Advantage Energy Ltd. will post 1.4701493 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on AAV shares. Cormark raised shares of Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd. National Bankshares decreased their price objective on shares of Advantage Energy from C$13.00 to C$11.50 in a report on Friday, September 27th. TD Securities reiterated a “buy” rating and issued a C$13.00 target price on shares of Advantage Energy in a report on Wednesday, October 9th. National Bank Financial cut Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 8th. Finally, CIBC restated a “neutral” rating and set a C$12.00 price target on shares of Advantage Energy in a research report on Thursday, August 29th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$13.21.

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.