Advantage Energy (TSE:AAV) Stock Crosses Below 200 Day Moving Average - Time to Sell?

Shares of Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.33 and traded as low as C$9.26. Advantage Energy shares last traded at C$9.50, with a volume of 485,291 shares changing hands.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AAV. National Bankshares raised shares of Advantage Energy from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from C$11.50 to C$15.00 in a research note on Thursday, January 30th. National Bank Financial raised Advantage Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, January 20th. CIBC increased their price objective on Advantage Energy from C$11.00 to C$11.50 in a research note on Friday, January 17th. Finally, BMO Capital Markets boosted their target price on shares of Advantage Energy from C$12.00 to C$13.00 in a research note 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$13.85.

Advantage Energy Price Performance

The company has a market capitalization of C$1.61 billion, a PE ratio of 35.21, a PEG ratio of -3.58 and a beta of 1.46. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 41.40. The company's 50 day moving average price is C$9.47 and its 200-day moving average price is C$9.33.

Insider Buying and Selling at Advantage Energy

In other Advantage Energy news, Senior Officer Geoffrey Keyser acquired 3,000 shares of the company's stock in a transaction dated Wednesday, January 29th. The stock was bought at an average price of C$9.10 per share, with a total value of C$27,300.00. 1.55% of the stock is owned by company insiders.

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.