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

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

Advantage Energy Stock Down 0.1%

AAV stock opened at C$9.67 on Wednesday. Advantage Energy Ltd. has a fifty-two week low of C$9.19 and a fifty-two week high of C$13.20. The company has a market capitalization of C$1.62 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of -3.58 and a beta of -0.42. The business’s 50 day moving average price is C$10.00 and its two-hundred day moving average price is C$10.82. 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 results on Thursday, March 5th. The company reported C$0.06 earnings per share 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, analysts forecast that Advantage Energy Ltd. will post 1.4701493 earnings per share for the current fiscal year.

Analyst Ratings Changes

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 given a Hold rating to the stock. According to data from MarketBeat.com, Advantage Energy currently has a consensus rating of “Moderate Buy” and a consensus 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.