Janine Marie Mcardle Acquires 2,047 Shares of Advantage Energy Ltd. (TSE:AAV) Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Director Janine Marie Mcardle acquired 2,047 shares of the stock in a transaction dated Wednesday, December 11th. The shares were bought at an average cost of C$8.80 per share, for a total transaction of C$18,021.99.

Advantage Energy Stock Performance

TSE:AAV opened at C$8.82 on Friday. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72. Advantage Energy Ltd. has a 1 year low of C$8.14 and a 1 year high of C$11.73. The stock’s 50 day simple moving average is C$9.04 and its two-hundred day simple moving average is C$9.68. The company has a market cap of C$1.47 billion, a price-to-earnings ratio of 18.77, a PEG ratio of -3.58 and a beta of 1.46.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings data on Thursday, October 24th. The company reported C($0.04) earnings per share (EPS) 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 firm had revenue of C$144.86 million during the quarter, compared to the consensus estimate of C$161.10 million. As a group, equities analysts anticipate that Advantage Energy Ltd. will post 1.4701493 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on AAV shares. Cormark raised Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd. National Bankshares lowered their price objective on Advantage Energy from C$13.00 to C$11.50 in a research report on Friday, September 27th. TD Securities reaffirmed a “buy” rating and set a C$13.00 price objective on shares of Advantage Energy in a research report on Wednesday, October 9th. CIBC reaffirmed a “neutral” rating and set a C$12.00 price objective on shares of Advantage Energy in a research report on Thursday, August 29th. Finally, National Bank Financial cut Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 8th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Advantage Energy has an average rating of “Moderate Buy” and an average price target of C$13.21.

About Advantage Energy

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.