Advantage Energy Ltd. (OTCMKTS:AAVVF) Given Consensus Rating of “Buy” by Analysts

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF) have earned an average rating of “Buy” from the three ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

AAVVF has been the topic of several analyst reports. Wall Street Zen lowered shares of Advantage Energy from a “buy” rating to a “hold” rating in a report on Friday, September 26th. CIBC reissued a “neutral” rating on shares of Advantage Energy in a report on Tuesday, June 24th.

Advantage Energy Trading Down 3.6%

Shares of AAVVF stock opened at $8.34 on Monday. Advantage Energy has a 1 year low of $5.54 and a 1 year high of $9.25. The firm’s fifty day simple moving average is $8.10 and its 200 day simple moving average is $7.93. The firm has a market capitalization of $1.39 billion, a P/E ratio of 37.91 and a beta of 0.77. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.39.

Advantage Energy (OTCMKTS:AAVVF) last announced its earnings results on Wednesday, August 6th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.20. Advantage Energy had a net margin of 8.20% and a return on equity of 3.37%. The business had revenue of $120.89 million for the quarter, compared to analyst estimates of $194.50 million. As a group, sell-side analysts predict that Advantage Energy will post 0.19 EPS for the current year.

About Advantage Energy

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.