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

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

Advantage Energy Price Performance

Shares of AAV opened at C$9.67 on Wednesday. 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. 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 firm has a market cap of C$1.62 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of -3.58 and a beta of -0.42.

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

Wall Street Analyst Weigh In

Separately, 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 note on Tuesday, April 7th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average 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.