Advantage Energy (OTCMKTS:AAVVF) Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of Advantage Energy (OTCMKTS:AAVVF) from a hold rating to a strong sell rating in a report issued on Wednesday,Zacks.com reports.

Separately, Wall Street Zen downgraded Advantage Energy from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Advantage Energy currently has an average rating of “Moderate Buy”.

Advantage Energy Stock Up 2.2%

Shares of OTCMKTS:AAVVF opened at $7.96 on Wednesday. The company has a market capitalization of $1.33 billion, a PE ratio of 31.84 and a beta of 0.77. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.67 and a quick ratio of 0.67. The business has a fifty day moving average price of $8.20 and a two-hundred day moving average price of $8.07. Advantage Energy has a 1 year low of $5.54 and a 1 year high of $9.25.

Advantage Energy (OTCMKTS:AAVVF) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. The firm had revenue of $93.92 million during the quarter, compared to the consensus estimate of $160.90 million. Advantage Energy had a return on equity of 3.78% and a net margin of 9.39%. Analysts forecast that Advantage Energy will post 0.19 earnings per share for the current year.

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.