Advantage Energy (TSE:AAV) Insider Donald Craig Blackwood Buys 10,000 Shares

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) insider Donald Craig Blackwood bought 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was bought at an average cost of C$9.55 per share, for a total transaction of C$95,500.00. Following the completion of the transaction, the insider directly owned 1,109,248 shares in the company, valued at approximately C$10,593,318.40. The trade was a 0.91% increase in their ownership of the stock.

Advantage Energy Trading Down 0.1%

Shares of Advantage Energy stock opened at C$9.67 on Wednesday. Advantage Energy Ltd. has a 1 year low of C$9.19 and a 1 year high of C$13.20. The company has a debt-to-equity ratio of 48.61, a quick ratio of 0.72 and a current ratio of 0.38. The company has a market capitalization of C$1.62 billion, a P/E ratio of 14.88, a PEG ratio of -3.58 and a beta of -0.42. The company’s fifty day moving average is C$10.00 and its two-hundred day moving average is C$10.82.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its 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 for the quarter. Advantage Energy had a net margin of 16.83% and a return on equity of 6.59%. Analysts forecast that Advantage Energy Ltd. will post 1.4701493 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets cut shares of Advantage Energy from an “outperform” rating to a “hold” rating and set a C$12.00 target price for the company. in a research report on Tuesday, April 7th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Advantage Energy 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.