Advantage Energy Ltd. (OTCMKTS:AAVVF) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF) have earned a consensus recommendation of “Buy” from the three brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Advantage Energy from a “hold” rating to a “buy” rating in a research note on Thursday. CIBC reaffirmed a “neutral” rating on shares of Advantage Energy in a research report on Tuesday, June 24th.

Advantage Energy Trading Up 0.1%

AAVVF opened at $8.30 on Thursday. Advantage Energy has a twelve month low of $5.54 and a twelve month high of $9.25. The company has a fifty day moving average of $8.02 and a 200-day moving average of $7.72. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.39. The stock has a market cap of $1.39 billion, a PE ratio of 37.73 and a beta of 0.85.

Advantage Energy (OTCMKTS:AAVVF) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.20. The firm had revenue of $120.89 million for the quarter, compared to analyst estimates of $194.50 million. Advantage Energy had a net margin of 8.20% and a return on equity of 3.37%. On average, sell-side analysts predict that Advantage Energy will post 0.19 EPS for the current year.

About Advantage Energy

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.