Advantage Energy Ltd. (OTCMKTS:AAVVF) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF) have been given an average rating of “Moderate Buy” by the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts have recently weighed in on the stock. Raymond James Financial downgraded shares of Advantage Energy from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 16th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Advantage Energy in a research note on Friday, August 28th. Finally, Scotiabank reiterated an “outperform” rating on shares of Advantage Energy in a research note on Monday, August 3rd.

Advantage Energy Price Performance

Shares of OTCMKTS AAVVF opened at $7.64 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.34 and a quick ratio of 0.34. Advantage Energy has a 1-year low of $6.72 and a 1-year high of $9.50. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 12.95 and a beta of 0.70. The business has a 50-day moving average of $7.49 and a 200-day moving average of $7.60.

Advantage Energy (OTCMKTS:AAVVF) last announced its earnings results on Thursday, October 29th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.29. The business had revenue of $133.21 million for the quarter, compared to the consensus estimate of $136.83 million. Advantage Energy had a return on equity of 8.14% and a net margin of 17.86%. On average, equities analysts anticipate that Advantage Energy will post 0.43 EPS for the current fiscal year.

About Advantage Energy

Advantage Energy Ltd. is a Canadian energy company focused on the exploration, development and production of natural gas and associated liquids. Its products include natural gas, condensate and natural gas liquids, which are used in energy and industrial markets. The company’s operations are concentrated in Alberta’s Montney region, including the Glacier area. Advantage develops and operates wells and related infrastructure to produce and process these resources. Previously known as Advantage Oil & Gas Ltd., the company adopted the Advantage Energy name in 2021.