Advantage Energy (OTCMKTS:AAVVF) Shares Down 0.4%

Advantage Energy Ltd. (OTCMKTS:AAVVF)’s stock price was down 0.4% on Monday . The company traded as low as $7.57 and last traded at $7.68. Approximately 14,889 shares changed hands during trading, a decline of 61% from the average daily volume of 37,988 shares. The stock had previously closed at $7.71.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AAVVF shares. CIBC lifted their price target on Advantage Energy from $9.75 to $10.50 and gave the company a “neutral” rating in a research report on Tuesday, March 5th. Scotiabank restated a “buy” rating and set a $17.00 price objective on shares of Advantage Energy in a research report on Thursday, March 7th.

Advantage Energy Stock Down 0.4 %

The stock’s 50 day simple moving average is $7.34 and its two-hundred day simple moving average is $6.98. The firm has a market cap of $1.24 billion, a P/E ratio of 17.06 and a beta of 1.73. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.25 and a quick ratio of 1.25.

Advantage Energy (OTCMKTS:AAVVF) last posted its earnings results on Tuesday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. Advantage Energy had a net margin of 19.39% and a return on equity of 6.54%. The business had revenue of $108.09 million for the quarter.

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.