Darren Tisdale Acquires 4,100 Shares of Advantage Energy (TSE:AAV) Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) insider Darren Tisdale acquired 4,100 shares of Advantage Energy stock in a transaction that occurred on Tuesday, June 16th. The stock was acquired at an average price of C$9.60 per share, with a total value of C$39,360.00. Following the completion of the purchase, the insider directly owned 217,782 shares in the company, valued at C$2,090,707.20. This represents a 1.92% increase in their position.

Advantage Energy Stock Up 1.6%

Advantage Energy stock opened at C$9.82 on Thursday. Advantage Energy Ltd. has a 1-year low of C$9.19 and a 1-year high of C$13.20. The firm has a market capitalization of C$1.65 billion, a price-to-earnings ratio of 15.11, a P/E/G ratio of -3.58 and a beta of -0.42. The company has a current ratio of 0.38, a quick ratio of 0.72 and a debt-to-equity ratio of 48.61. The firm has a 50 day simple moving average of C$9.99 and a 200 day simple moving average of C$10.80.

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

Analysts Set New Price Targets

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

About Advantage Energy

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.