Darren Tisdale Purchases 3,000 Shares of Advantage Energy Ltd. (TSE:AAV) Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Darren Tisdale acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average cost of C$8.85 per share, with a total value of C$26,550.00.

Advantage Energy Price Performance

Advantage Energy stock opened at C$8.56 on Wednesday. The stock has a market cap of C$1.43 billion, a price-to-earnings ratio of 18.26, a P/E/G ratio of -3.58 and a beta of 1.46. Advantage Energy Ltd. has a 12-month low of C$8.02 and a 12-month high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. The business’s 50-day simple moving average is C$9.12 and its 200 day simple moving average is C$9.90.

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

Analysts Set New Price Targets

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

Advantage Energy Company Profile

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.