Key Points
- Director Donald Clague bought 5,000 Advantage Energy shares at C$9.92 each, a total purchase of C$49,600, increasing his holdings by 5.88% to 90,000 shares.
- Advantage Energy shares recently opened at C$10.06, with the stock trading near the lower end of its 12-month range of C$9.19 to C$13.20 and below both its 50-day and 200-day moving averages.
- Analysts currently rate the stock a Moderate Buy on average, with a consensus price target of C$14.17, though some firms have recently cut ratings or targets.
Advantage Energy Ltd. (TSE:AAV - Get Free Report) (NYSE:AAV) Director Donald Clague bought 5,000 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average price of C$9.92 per share, with a total value of C$49,600.00. Following the completion of the acquisition, the director directly owned 90,000 shares in the company, valued at C$892,800. This trade represents a 5.88% increase in their ownership of the stock.
Advantage Energy Stock Performance
Shares of Advantage Energy stock opened at C$10.06 on Tuesday. The company has a debt-to-equity ratio of 48.61, a current ratio of 0.38 and a quick ratio of 0.72. The stock has a market capitalization of C$1.69 billion, a price-to-earnings ratio of 15.48, a price-to-earnings-growth ratio of -3.58 and a beta of -0.23. The business has a 50-day moving average of C$10.53 and a 200 day moving average of C$11.14. Advantage Energy Ltd. has a 12 month low of C$9.19 and a 12 month high of C$13.20.
Advantage Energy (TSE:AAV - Get Free Report) (NYSE:AAV) last posted its quarterly earnings results on Thursday, March 5th. The company reported C$0.06 earnings per share (EPS) for the quarter. The company had revenue of C$169.03 million for the quarter. Advantage Energy had a return on equity of 6.59% and a net margin of 16.83%. As a group, sell-side analysts forecast that Advantage Energy Ltd. will post 1.4701493 earnings per share for the current year.
Analyst Ratings Changes
A number of equities research analysts have issued reports on AAV shares. ATB Cormark Capital Markets lowered Advantage Energy from a "strong-buy" rating to a "moderate buy" rating and reduced their price target for the company from C$15.00 to C$14.00 in a research report on Friday, February 13th. BMO Capital Markets lowered Advantage Energy from an "outperform" rating to a "hold" rating and set a C$12.00 price target on the stock. in a research report on Tuesday, April 7th. Finally, National Bank Financial raised Advantage Energy from a "hold" rating to an "outperform" rating and increased their price target for the company from C$14.00 to C$15.00 in a research report on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Advantage Energy presently has an average rating of "Moderate Buy" and a consensus target price of C$14.17.
View Our Latest Research Report on AAV
Advantage Energy Company Profile
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Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.
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