Advantage Energy (TSE:AAV) Upgraded to Moderate Buy at Cormark

Cormark upgraded shares of Advantage Energy (TSE:AAV - Free Report) NYSE: AAV to a moderate buy rating in a research note published on Thursday morning,Zacks.com reports.

AAV has been the subject of several other research reports. CIBC increased their price objective on shares of Advantage Energy from C$11.00 to C$11.50 in a research note on Friday, January 17th. National Bankshares upgraded Advantage Energy from a "sector perform" rating to an "outperform" rating and upped their price target for the company from C$11.50 to C$15.00 in a research report on Thursday, January 30th. National Bank Financial raised shares of Advantage Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 20th. Finally, BMO Capital Markets boosted their price target on 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. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of C$13.85.

Advantage Energy Price Performance

Shares of TSE:AAV traded up C$0.13 during midday trading on Thursday, hitting C$9.25. The stock had a trading volume of 493,499 shares, compared to its average volume of 519,839. The company's 50-day moving average price is C$9.71 and its 200-day moving average price is C$9.34. The company has a market capitalization of C$1.54 billion, a P/E ratio of 33.69, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. Advantage Energy has a fifty-two week low of C$8.27 and a fifty-two week high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 41.40.

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Insider Activity

In related news, Senior Officer Geoffrey Keyser purchased 3,000 shares of the stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average cost of C$9.10 per share, with a total value of C$27,300.00. 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.