Shares of Advantage Oil & Gas Ltd. (NYSE:AAV) traded up 1.3% on Tuesday . The company traded as high as $6.29 and last traded at $6.19, with a volume of 51,275 shares trading hands. The stock had previously closed at $6.11.

A number of analysts have recently weighed in on the company. TD Securities reissued a “buy” rating on shares of Advantage Oil & Gas in a research note on Thursday, July 21st. BMO Capital Markets assumed coverage on Advantage Oil & Gas in a research note on Wednesday, July 20th. They set an “outperform” rating and a $10.50 price objective for the company. Scotiabank reissued an “outperform” rating and set a $9.50 price objective on shares of Advantage Oil & Gas in a research note on Thursday, July 7th. Raymond James Financial Inc. reissued an “outperform” rating and set a $9.25 price objective on shares of Advantage Oil & Gas in a research note on Friday, May 27th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $9.00 price objective on shares of Advantage Oil & Gas in a research note on Friday, April 15th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Advantage Oil & Gas currently has a consensus rating of “Buy” and an average price target of $9.53.

The company’s 50-day moving average price is $5.91 and its 200 day moving average price is $5.56. The firm has a market capitalization of $1.18 billion and a P/E ratio of 46.86.

A hedge fund recently raised its stake in Advantage Oil & Gas stock. Russell Frank Co increased its stake in Advantage Oil & Gas Ltd. (NYSE:AAV) by 22.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 687,468 shares of the company’s stock after buying an additional 126,364 shares during the period. Russell Frank Co owned 0.40% of Advantage Oil & Gas worth $3,396,000 at the end of the most recent reporting period.

Advantage Oil & Gas Ltd. is an intermediate natural gas and liquids development and production company. The Company is engaged in the business of natural gas exploitation, development, acquisition and production in the Province of Alberta. It operates in the Montney resource play located in Western Canada.

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