Brian Eric Bagnell Purchases 2,095 Shares of Advantage Energy (TSE:AAV) Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) insider Brian Eric Bagnell bought 2,095 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was bought at an average cost of C$9.56 per share, with a total value of C$20,028.20. Following the acquisition, the insider directly owned 19,764 shares of the company’s stock, valued at approximately C$188,943.84. The trade was a 11.86% increase in their position.

Advantage Energy Price Performance

Shares of AAV stock traded down C$0.01 on Tuesday, reaching C$9.67. The company had a trading volume of 1,089,393 shares, compared to its average volume of 971,399. The stock has a market capitalization of C$1.62 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of -3.58 and a beta of -0.42. 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 Ltd. has a one year low of C$9.19 and a one year high of C$13.20. The business’s 50-day moving average is C$10.00 and its 200 day moving average is C$10.82.

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

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets downgraded shares of Advantage Energy from an “outperform” rating to a “hold” rating and set a C$12.00 price objective for the company. in a research report on Tuesday, April 7th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Advantage Energy presently has an average rating of “Moderate Buy” and an average target price of C$14.17.

About Advantage Energy

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.