Advantage Energy (OTCMKTS:AAVVF) Rating Lowered to “Hold” at BMO Capital Markets

Advantage Energy (OTCMKTS:AAVVF) was downgraded by analysts at BMO Capital Markets from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other analysts have also issued research reports about the stock. ATB Cormark Capital Markets lowered shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, February 13th. National Bank Financial raised shares of Advantage Energy from a “hold” rating to an “outperform” rating in a research report on Friday, February 13th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Advantage Energy in a research report on Thursday, December 11th. Raymond James Financial raised shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 8th. Finally, Zacks Research raised shares of Advantage Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Advantage Energy currently has an average rating of “Moderate Buy”.

Advantage Energy Trading Down 1.8%

AAVVF opened at $7.25 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.40 and a quick ratio of 0.40. The company’s 50 day simple moving average is $7.94 and its two-hundred day simple moving average is $8.23. Advantage Energy has a 1-year low of $5.54 and a 1-year high of $9.50. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 32.96 and a beta of 0.96.

Advantage Energy (OTCMKTS:AAVVF) last released its earnings results on Thursday, March 5th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.20). Advantage Energy had a return on equity of 3.30% and a net margin of 8.03%.The business had revenue of $130.41 million during the quarter, compared to analysts’ expectations of $174.72 million. Analysts expect that Advantage Energy will post 0.19 EPS for the current fiscal year.

About Advantage Energy

Advantage Energy Ltd. is a Calgary-based exploration and production company focused on the development of natural gas, condensate and natural gas liquids (NGLs) in the Montney formation of western Canada. The company holds and operates an extensive land position across northeast British Columbia and northwest Alberta, where it employs multi-stage fracturing and horizontal drilling techniques to optimize recovery from low-permeability reservoirs. Advantage Energy’s asset portfolio is structured to deliver stable gas production alongside enhanced liquids yields, supporting its strategy of balancing volume growth with cash-flow generation.

Advantage Energy’s operations are anchored in its core Montney acreage, where it has established several gas processing and compression facilities to gather, treat and market its production.