Advantage Energy (OTCMKTS:AAVVF) Shares Gap Up – What’s Next?

Advantage Energy Ltd. (OTCMKTS:AAVVF) shares gapped up prior to trading on Monday . The stock had previously closed at $8.4150, but opened at $8.63. Advantage Energy shares last traded at $8.63, with a volume of 3,940 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AAVVF. Royal Bank Of Canada reissued a “sector perform” rating on shares of Advantage Energy in a research report on Thursday, December 11th. Zacks Research upgraded Advantage Energy from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. Natl Bk Canada cut shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 26th. Wall Street Zen downgraded shares of Advantage Energy from a “buy” rating to a “hold” rating in a research report on Friday, September 26th. Finally, Raymond James Financial upgraded shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Advantage Energy Price Performance

The firm has a market capitalization of $1.45 billion, a P/E ratio of 34.72 and a beta of 0.91. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.40 and a current ratio of 0.40. The stock has a 50 day moving average of $8.54 and a two-hundred day moving average of $8.33.

Advantage Energy (OTCMKTS:AAVVF) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.18. Advantage Energy had a net margin of 9.39% and a return on equity of 3.75%. The business had revenue of $93.92 million during the quarter, compared to analysts’ expectations of $160.90 million. Sell-side analysts predict that Advantage Energy Ltd. will post 0.19 earnings per share for the current fiscal year.

Advantage Energy Company Profile

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.