Advantage Energy Ltd. (TSE:AAV) Given Average Recommendation of “Moderate Buy” by Brokerages

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has been assigned an average rating of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$14.17.

A number of analysts have recently weighed in on the stock. National Bank Financial raised shares of Advantage Energy from a “hold” rating to an “outperform” rating and upped 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 downgraded shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and cut 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 downgraded shares of 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.

Insider Transactions at Advantage Energy

In other news, Director Donald M. Clague bought 5,000 shares of the stock in a transaction on Friday, May 8th. The stock was acquired at an average price of C$9.92 per share, with a total value of C$49,600.00. Following the acquisition, the director directly owned 90,000 shares in the company, valued at approximately C$892,800. This trade represents a 5.88% increase in their ownership of the stock. 1.55% of the stock is currently owned by insiders.

Advantage Energy Stock Performance

Shares of AAV stock opened at C$10.48 on Thursday. The company has a market capitalization of C$1.76 billion, a price-to-earnings ratio of 16.12, a PEG ratio of -3.58 and a beta of -0.23. 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 50-day simple moving average of C$10.22 and a 200 day simple moving average of C$10.95. Advantage Energy has a 52 week low of C$9.19 and a 52 week high of C$13.20.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its earnings results on Thursday, March 5th. The company reported C$0.06 EPS for the quarter. The business had revenue of C$169.03 million during the quarter. Advantage Energy had a net margin of 16.83% and a return on equity of 6.59%. On average, sell-side analysts predict that Advantage Energy will post 1.4701493 earnings per share for the current year.

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.