Advantage Energy (OTCMKTS:AAVVF – Get Free Report) issued its earnings results on Thursday. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.32, Zacks reports. Advantage Energy had a return on equity of 4.92% and a net margin of 11.58%.
Advantage Energy Price Performance
Shares of AAVVF traded up $0.10 during mid-day trading on Thursday, hitting $7.79. The company’s stock had a trading volume of 144,998 shares, compared to its average volume of 104,422. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.34 and a quick ratio of 0.34. The firm has a 50-day moving average price of $7.56 and a 200 day moving average price of $7.61. Advantage Energy has a fifty-two week low of $6.72 and a fifty-two week high of $9.50. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 22.26 and a beta of 0.76.
Analyst Ratings Changes
AAVVF has been the subject of several recent research reports. 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 report on Wednesday, September 16th. Finally, Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Advantage Energy in a research report on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on AAVVF
About Advantage Energy
Advantage Energy Ltd. is a Canadian natural gas and liquids producer headquartered in Calgary, Alberta. The company develops and produces natural gas, natural gas liquids and condensate, with a focus on the Montney resource in western Canada.
Advantage’s principal operations are located in the Glacier region of Alberta, where it owns and operates infrastructure supporting drilling, processing and transportation. Its production is marketed to customers in Canada and the United States through regional pipeline and natural gas networks.
The company was formerly known as Advantage Oil & Gas Ltd.
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