Advantage Energy (TSE:AAV) Trading 1% Higher - What's Next?

Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV traded up 1% during mid-day trading on Monday . The company traded as high as C$8.91 and last traded at C$8.82. 376,657 shares were traded during mid-day trading, a decline of 16% from the average session volume of 449,440 shares. The stock had previously closed at C$8.73.

Analyst Ratings Changes

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

Advantage Energy Trading Down 1.0 %

The company has a market cap of C$1.46 billion, a price-to-earnings ratio of 18.57, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. The company's 50-day moving average is C$9.09 and its 200 day moving average is C$9.73.

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

Insider Activity

In other Advantage Energy news, Senior Officer Darren Tisdale purchased 3,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average cost of C$8.85 per share, for a total transaction of C$26,550.00. Also, Director John Festival purchased 20,000 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average price of C$8.94 per share, for a total transaction of C$178,800.00. Insiders have purchased a total of 72,000 shares of company stock worth $637,050 over the last 90 days. 1.55% of the stock is currently owned by company insiders.

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.