Brian Eric Bagnell Buys 2,095 Shares of Advantage Energy (TSE:AAV) Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) insider Brian Eric Bagnell bought 2,095 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were purchased at an average price of C$9.56 per share, for a total transaction of C$20,028.20. Following the completion of the transaction, the insider owned 19,764 shares of the company’s stock, valued at C$188,943.84. This represents a 11.86% increase in their position.

Advantage Energy Stock Performance

TSE AAV opened at C$9.82 on Thursday. Advantage Energy Ltd. has a fifty-two week low of C$9.19 and a fifty-two week high of C$13.20. The stock has a market cap of C$1.65 billion, a price-to-earnings ratio of 15.11, a price-to-earnings-growth ratio of -3.58 and a beta of -0.42. The business has a fifty day moving average of C$9.99 and a 200-day moving average of C$10.80. The company has a quick ratio of 0.72, a current ratio of 0.38 and a debt-to-equity ratio of 48.61.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings results on Thursday, March 5th. The company reported C$0.06 earnings per share for the quarter. Advantage Energy had a return on equity of 6.59% and a net margin of 16.83%.The company had revenue of C$169.03 million during the quarter. As a group, analysts predict that Advantage Energy Ltd. will post 1.4701493 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets cut Advantage Energy from an “outperform” rating to a “hold” rating and set a C$12.00 price target for the company. in a report on Tuesday, April 7th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$14.17.

Advantage Energy Company Profile

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.