Advantage Energy (OTCMKTS:AAVVF) Sets New 12-Month High at $8.13

Advantage Energy Ltd. (OTCMKTS:AAVVF) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $8.13 and last traded at $7.97, with a volume of 16289 shares trading hands. The stock had previously closed at $7.72.

Analyst Upgrades and Downgrades

AAVVF has been the subject of several analyst reports. Scotiabank reissued a “buy” rating and set a $17.00 price target on shares of Advantage Energy in a report on Thursday, March 7th. CIBC boosted their price target on shares of Advantage Energy from $9.75 to $10.50 and gave the company a “neutral” rating in a report on Tuesday, March 5th.

Advantage Energy Stock Up 3.2 %

The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 18.98 and a beta of 1.73. The firm’s fifty day moving average is $7.41 and its two-hundred day moving average is $7.00. 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 quarterly earnings data on Tuesday, March 5th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.05. The business had revenue of $108.09 million during the quarter. Advantage Energy had a net margin of 18.36% and a return on equity of 6.10%.

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.