Advantage Energy Ltd. (AAVVF) – What Are Researchers Thinking About This Stock?

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF) have been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of analysts have issued reports on the company. Scotiabank reaffirmed an “outperform” rating on shares of Advantage Energy in a report on Monday, August 3rd. Raymond James Financial downgraded Advantage Energy from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 16th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Advantage Energy in a report on Friday, August 28th.

Advantage Energy Trading Down 0.1%

Shares of OTCMKTS:AAVVF opened at $7.49 on Friday. The company has a market cap of $1.25 billion, a P/E ratio of 21.40 and a beta of 0.76. The stock’s 50-day moving average is $7.60 and its 200-day moving average is $7.44. Advantage Energy has a 52-week low of $6.72 and a 52-week high of $9.50. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.34 and a current ratio of 0.34.

Advantage Energy (OTCMKTS:AAVVF) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. Advantage Energy had a return on equity of 4.92% and a net margin of 11.58%. The business had revenue of $137.96 million for the quarter, compared to analyst estimates of $142.85 million.

About Advantage Energy

Advantage Energy Ltd. is a Canadian energy company engaged in the exploration, development and production of natural gas, condensate and natural gas liquids. The company focuses on liquids-rich natural gas resources and operates primarily in Alberta, Canada, with its activities supported by associated gathering, processing and transportation infrastructure.

Advantage’s principal operations are centered on its Glacier asset in west-central Alberta, where it develops and produces Montney-related natural gas and condensate resources.