Advantage Energy Ltd. (OTCMKTS:AAVVF) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report) have received an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

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

Read Our Latest Stock Analysis on Advantage Energy

Advantage Energy Price Performance

AAVVF opened at $7.05 on Monday. The stock’s fifty day simple moving average is $7.74 and its 200 day simple moving average is $7.56. Advantage Energy has a 1-year low of $3.56 and a 1-year high of $9.50. The stock has a market cap of $1.18 billion, a PE ratio of 20.14 and a beta of 0.63. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.34.

Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. The firm had revenue of $137.96 million during the quarter, compared to analysts’ expectations of $142.85 million. Advantage Energy had a net margin of 11.58% and a return on equity of 4.92%.

Advantage Energy Company Profile

(Get Free Report)

Advantage Energy Ltd. is a Canadian energy company engaged in the exploration, development and production of natural gas, natural gas liquids and condensate. The company focuses on developing long-life, low-cost resource assets and sells its production to customers in Canadian and North American energy markets.

Advantage’s principal operations are located in Alberta, particularly its Montney and related resource holdings in the Glacier and Pipestone areas. Its activities include drilling and completing wells, processing and gathering production, and managing the infrastructure required to transport its products to market.

The company was formerly known as Advantage Oil & Gas Ltd.

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Analyst Recommendations for Advantage Energy (OTCMKTS:AAVVF)

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