Advantage Energy (TSE:AAV) Insider Darren Tisdale Purchases 4,100 Shares

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) insider Darren Tisdale bought 4,100 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was purchased at an average price of C$9.60 per share, for a total transaction of C$39,360.00. Following the transaction, the insider owned 217,782 shares of the company’s stock, valued at C$2,090,707.20. The trade was a 1.92% increase in their ownership of the stock.

Advantage Energy Stock Performance

TSE AAV traded down C$0.01 during trading hours on Tuesday, reaching C$9.67. The stock had a trading volume of 707,175 shares, compared to its average volume of 967,560. The stock has a fifty day moving average of C$10.01 and a 200 day moving average of C$10.83. The stock has a market cap of C$1.62 billion, a P/E ratio of 14.88, a price-to-earnings-growth ratio of -3.58 and a beta of -0.42. Advantage Energy Ltd. has a 52-week low of C$9.19 and a 52-week high of C$13.20. The company has a debt-to-equity ratio of 48.61, a quick ratio of 0.72 and a current ratio of 0.38.

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 return on equity of 6.59% and a net margin of 16.83%.The business had revenue of C$169.03 million during the quarter. Sell-side analysts predict that Advantage Energy Ltd. will post 1.4701493 earnings per share for the current year.

Analyst Ratings Changes

Separately, BMO Capital Markets lowered shares of 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 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 has an average rating of “Moderate Buy” and an average 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.