Advantage Energy (OTCMKTS:AAVVF) Shares Gap Down – Time to Sell?
by Scott Moore · The Cerbat GemShares of Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $8.62, but opened at $8.32. Advantage Energy shares last traded at $8.32, with a volume of 900 shares traded.
Analyst Ratings Changes
Several research firms recently weighed in on AAVVF. Natl Bk Canada cut shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Wall Street Zen downgraded Advantage Energy from a “buy” rating to a “hold” rating in a research report on Friday, September 26th. Zacks Research upgraded Advantage Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. Raymond James Financial raised shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 8th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Advantage Energy in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Advantage Energy has a consensus rating of “Moderate Buy”.
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Advantage Energy Price Performance
The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $1.39 billion, a PE ratio of 33.28 and a beta of 0.91. The firm’s 50 day simple moving average is $8.51 and its 200 day simple moving average is $8.34.
Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last released its earnings results on Tuesday, October 28th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. The firm had revenue of $93.92 million during the quarter, compared to analyst estimates of $160.90 million. Advantage Energy had a net margin of 9.39% and a return on equity of 3.75%. As a group, research analysts anticipate that Advantage Energy Ltd. 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.