Advantage Energy Ltd. (TSE:AAV) Director Buys C$183,600.00 in Stock

Advantage Energy Ltd. (TSE:AAVGet Free Report) (NYSE:AAV) Director John Festival purchased 20,000 shares of the company’s stock in a transaction dated Monday, March 10th. The shares were acquired at an average cost of C$9.18 per share, for a total transaction of C$183,600.00.

Advantage Energy Stock Up 1.5 %

AAV stock opened at C$9.55 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 41.40. The business has a 50 day moving average price of C$9.67 and a two-hundred day moving average price of C$9.33. The company has a market cap of C$1.59 billion, a price-to-earnings ratio of 34.78, a P/E/G ratio of -3.58 and a beta of 1.46. Advantage Energy Ltd. has a twelve month low of C$8.27 and a twelve month high of C$11.73.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Cormark raised Advantage Energy to a “moderate buy” rating in a research report on Thursday, March 6th. National Bankshares upgraded Advantage Energy from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$11.50 to C$15.00 in a report on Thursday, January 30th. CIBC increased their price objective on Advantage Energy from C$11.00 to C$11.50 in a report on Friday, January 17th. National Bank Financial upgraded Advantage Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, January 20th. Finally, BMO Capital Markets increased their price objective on Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Advantage Energy presently has an average rating of “Moderate Buy” and an average target price of C$13.85.

Get Our Latest Stock Analysis on Advantage Energy

Advantage Energy Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Advantage Energy (TSE:AAV)

Receive News & Ratings for Advantage Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Energy and related companies with MarketBeat.com's FREE daily email newsletter.