Advantage Energy Ltd. (TSE:AAV) Given Consensus Rating of "Moderate Buy" by Brokerages

Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV has received a consensus rating of "Moderate Buy" from the eleven brokerages that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$13.21.

Several equities analysts recently commented on the stock. BMO Capital Markets dropped their price objective on shares of Advantage Energy from C$13.00 to C$12.00 in a research note on Friday, October 4th. TD Securities restated a "buy" rating and set a C$13.00 price objective on shares of Advantage Energy in a research report on Wednesday, October 9th. National Bank Financial lowered Advantage Energy from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 8th. Cormark upgraded Advantage Energy to a "moderate buy" rating in a report on Monday, September 23rd. Finally, National Bankshares dropped their price objective on shares of Advantage Energy from C$13.00 to C$11.50 in a report on Friday, September 27th.

Advantage Energy Price Performance

TSE:AAV traded down C$0.07 during mid-day trading on Tuesday, reaching C$10.06. The stock had a trading volume of 500,275 shares, compared to its average volume of 417,937. The stock has a 50-day simple moving average of C$9.03 and a two-hundred day simple moving average of C$9.44. 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 has a 12 month low of C$8.24 and a 12 month high of C$11.73. The stock has a market capitalization of C$1.68 billion, a PE ratio of 21.40, a P/E/G ratio of -3.58 and a beta of 1.46.

Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV last posted its quarterly earnings results on Thursday, October 24th. The company reported C($0.04) EPS for the quarter, missing analysts' consensus estimates of C$0.03 by C($0.07). The business had revenue of C$144.86 million for the quarter, compared to analyst estimates of C$161.10 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. On average, equities analysts anticipate that Advantage Energy will post 1.4701493 earnings per share for the current year.

Insider Transactions at Advantage Energy

In related news, Senior Officer Darren Tisdale acquired 3,000 shares of the company's stock in a transaction dated Friday, November 15th. The shares were purchased at an average price of C$8.85 per share, for a total transaction of C$26,550.00. Also, Senior Officer Geoffrey Keyser acquired 4,000 shares of the business's stock in a transaction dated Monday, October 28th. The shares were bought at an average cost of C$8.89 per share, for a total transaction of C$35,540.00. In the last ninety days, insiders acquired 54,047 shares of company stock valued at $476,272. Corporate insiders own 1.55% of the company's stock.

Advantage Energy Company Profile

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.