Advantage Oil & Gas Ltd (NYSE:AAV) (TSE:AAV) reached a new 52-week low on Wednesday . The company traded as low as $3.68 and last traded at $3.90, with a volume of 208700 shares. The stock had previously closed at $4.05.
A number of equities research analysts have recently weighed in on the company. Zacks Investment Research raised Advantage Oil & Gas from a “sell” rating to a “hold” rating in a research note on Thursday, November 23rd. Scotiabank reissued a “buy” rating and issued a $11.50 price objective on shares of Advantage Oil & Gas in a research note on Tuesday, October 10th. BMO Capital Markets downgraded Advantage Oil & Gas from an “outperform” rating to a “market perform” rating and set a $8.00 price objective on the stock. in a research note on Tuesday, October 10th. TheStreet downgraded Advantage Oil & Gas from a “b-” rating to a “c+” rating in a research note on Thursday, October 5th. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $11.00 price objective on shares of Advantage Oil & Gas in a research note on Monday, September 25th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Advantage Oil & Gas has a consensus rating of “Hold” and an average price target of $9.44.
The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market capitalization of $673.15, a P/E ratio of 13.52 and a beta of 0.86.
About Advantage Oil & Gas
Advantage Oil & Gas Ltd. is an intermediate natural gas and liquids development and production company. The Company is engaged in the business of natural gas exploitation, development, acquisition and production in the Province of Alberta. The Company focuses on the development of Montney resource play at Glacier, Alberta in Western Canada.
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