John Festival Buys 20,000 Shares of Advantage Energy Ltd. (TSE:AAV) Stock

Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV Director John Festival purchased 20,000 shares of the company's stock in a transaction on Friday, September 27th. The shares were purchased at an average price of C$8.94 per share, for a total transaction of C$178,800.00.

John Festival also recently made the following trade(s):

• On Monday, July 29th, John Festival acquired 20,000 shares of Advantage Energy stock. The stock was acquired at an average price of C$9.58 per share, with a total value of C$191,600.00.

Advantage Energy Stock Up 4.2 %

AAV stock traded up C$0.37 during midday trading on Friday, reaching C$9.21. 343,700 shares of the company were exchanged, compared to its average volume of 437,195. The stock's 50-day simple moving average is C$9.45 and its 200 day simple moving average is C$10.14. Advantage Energy Ltd. has a 1-year low of C$8.02 and a 1-year high of C$11.73. The company has a debt-to-equity ratio of 46.86, a quick ratio of 0.72 and a current ratio of 0.76. The company has a market cap of C$1.54 billion, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of -3.58 and a beta of 1.48.

Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV last issued its quarterly earnings data on Thursday, July 25th. The company reported C($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.03) by C($0.04). The firm had revenue of C$100.66 million for the quarter, compared to analysts' expectations of C$108.50 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. On average, equities analysts forecast that Advantage Energy Ltd. will post 1.4695513 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AAV. Royal Bank of Canada raised their price target on shares of Advantage Energy from C$11.00 to C$12.00 and gave the stock a "sector perform" rating in a report on Wednesday, June 19th. CIBC reaffirmed a "neutral" rating and set a C$12.00 price objective on shares of Advantage Energy in a research report on Thursday, August 29th. National Bankshares cut their target price on Advantage Energy from C$13.00 to C$11.50 in a research report on Friday. Scotiabank raised their price target on Advantage Energy from C$19.00 to C$20.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 19th. Finally, National Bank Financial set a C$11.50 price objective on Advantage Energy in a report on Friday. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$13.38.

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.