Advantage Energy Ltd. (OTCMKTS:AAVVF) Stock Rated “Moderate Buy” by Sell-Side Brokerages

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

A number of equities research analysts recently weighed in on AAVVF shares. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Advantage Energy in a research note on Friday, August 28th. Raymond James Financial cut shares of Advantage Energy from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 16th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Advantage Energy in a research report on Monday, August 3rd.

Advantage Energy Stock Performance

OTCMKTS AAVVF opened at $7.66 on Friday. The firm has a market capitalization of $1.28 billion, a P/E ratio of 21.89 and a beta of 0.76. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.34. The firm’s fifty day moving average price is $7.59 and its two-hundred day moving average price is $7.44. Advantage Energy has a 1 year low of $6.72 and a 1 year high of $9.50.

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

Advantage Energy Company Profile

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.