Geoffrey Keyser Acquires 3,000 Shares of Advantage Energy Ltd. (TSE:AAV) Stock

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) Senior Officer Geoffrey Keyser purchased 3,000 shares of the firm’s stock in a transaction on Wednesday, January 29th. The shares were purchased at an average cost of C$9.10 per share, with a total value of C$27,300.00.

Advantage Energy Price Performance

Shares of AAV opened at C$9.23 on Friday. The business’s 50-day moving average is C$9.39 and its two-hundred day moving average is C$9.37. The company has a market capitalization of C$1.54 billion, a P/E ratio of 19.64, a P/E/G ratio of -3.58 and a beta of 1.46. Advantage Energy Ltd. has a fifty-two week low of C$8.27 and a fifty-two week high of C$11.73. The company has a debt-to-equity ratio of 46.86, a quick ratio of 0.72 and a current ratio of 0.76.

Analyst Ratings Changes

Several research firms recently commented on AAV. National Bankshares upgraded shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$11.50 to C$15.00 in a research note on Thursday. BMO Capital Markets upped their price target on Advantage Energy from C$12.00 to C$13.00 in a research report on Tuesday, January 14th. CIBC raised their price objective on Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. TD Securities restated a “buy” rating and set a C$13.00 target price on shares of Advantage Energy in a research note on Wednesday, October 9th. Finally, National Bank Financial upgraded Advantage Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 20th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$13.77.

Advantage Energy Company Profile

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.