Insider Selling: Advantage Energy Ltd. (TSE:AAV) Senior Officer Sells 25,000 Shares of Stock

Advantage Energy Ltd. (TSE:AAVGet Rating) (NYSE:AAV) Senior Officer Donald Craig Blackwood sold 25,000 shares of the stock in a transaction on Thursday, April 7th. The stock was sold at an average price of C$9.32, for a total transaction of C$233,035.00. Following the completion of the sale, the insider now directly owns 727,067 shares of the company’s stock, valued at C$6,777,282.33.

AAV stock traded down C$0.35 during trading on Monday, hitting C$9.82. 1,391,805 shares of the company’s stock traded hands, compared to its average volume of 1,054,109. Advantage Energy Ltd. has a 52 week low of C$2.93 and a 52 week high of C$10.21. The company has a debt-to-equity ratio of 18.01, a quick ratio of 0.84 and a current ratio of 0.88. The business has a fifty day simple moving average of C$7.45 and a 200 day simple moving average of C$7.14. The stock has a market capitalization of C$1.87 billion and a price-to-earnings ratio of 4.82.

Advantage Energy (TSE:AAVGet Rating) (NYSE:AAV) last released its quarterly earnings data on Thursday, February 24th. The company reported C$0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.17 by C$0.11. The business had revenue of C$159.26 million for the quarter. Research analysts forecast that Advantage Energy Ltd. will post 0.9299999 earnings per share for the current fiscal year.

A number of equities analysts recently weighed in on AAV shares. CIBC upped their target price on shares of Advantage Energy from C$9.00 to C$10.00 in a research report on Thursday, March 3rd. Royal Bank of Canada upped their target price on shares of Advantage Energy from C$8.50 to C$10.00 and gave the stock a “sector perform” rating in a research report on Friday. Tudor Pickering restated a “buy” rating and set a C$9.00 target price on shares of Advantage Energy in a research report on Thursday, January 20th. Tudor Pickering & Holt set a C$9.00 target price on shares of Advantage Energy and gave the stock a “buy” rating in a research report on Thursday, January 20th. Finally, Cormark upped their target price on shares of Advantage Energy from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Tuesday, March 29th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$10.18.

Advantage Energy Company Profile (Get Rating)

Advantage Energy Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, natural gas, and natural gas liquids in the Province of Alberta, Canada. The company focuses on the development and production of oil and natural gas resource that includes 228 net sections covering an area of 145,920 net acres of Doig/Montney rights in Glacier, Valhalla, Progress, and Pipestone/Wembley.

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