Advantage Energy (TSE:AAV) Director Donald Clague Acquires 5,000 Shares

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Director Donald Clague bought 5,000 shares of the business’s stock in a transaction on Friday, May 8th. The stock was bought at an average cost of C$9.92 per share, with a total value of C$49,600.00. Following the completion of the purchase, the director directly owned 90,000 shares in the company, valued at approximately C$892,800. The trade was a 5.88% increase in their ownership of the stock.

Advantage Energy Stock Up 1.2%

Shares of AAV opened at C$10.06 on Tuesday. Advantage Energy Ltd. has a 52-week low of C$9.19 and a 52-week high of C$13.20. The company has a market capitalization of C$1.69 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of -3.58 and a beta of -0.23. The stock has a fifty day simple moving average of C$10.53 and a two-hundred day simple moving average of C$11.14. The company has a quick ratio of 0.72, a current ratio of 0.38 and a debt-to-equity ratio of 48.61.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings results on Thursday, March 5th. The company reported C$0.06 earnings per share for the quarter. The business had revenue of C$169.03 million during the quarter. Advantage Energy had a return on equity of 6.59% and a net margin of 16.83%. As a group, equities analysts forecast that Advantage Energy Ltd. will post 1.4701493 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on AAV shares. National Bank Financial upgraded Advantage Energy from a “hold” rating to an “outperform” rating and increased their price target for the stock from C$14.00 to C$15.00 in a report on Friday, February 13th. ATB Cormark Capital Markets cut Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and lowered their price target for the stock from C$15.00 to C$14.00 in a report on Friday, February 13th. Finally, BMO Capital Markets cut Advantage Energy from an “outperform” rating to a “hold” rating and set a C$12.00 price target for the company. in a report on Tuesday, April 7th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$14.17.

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.