Advantage Energy Ltd. (TSE:AAV – Get Free Report) (NYSE:AAV)’s share price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$10.57 and traded as low as C$10.42. Advantage Energy shares last traded at C$10.44, with a volume of 959,290 shares changing hands.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on AAV shares. Raymond James Financial downgraded shares of Advantage Energy from a “moderate buy” rating to a “hold” rating and reduced their price target for the company from C$14.00 to C$13.00 in a research report on Wednesday, September 16th. Ventum Financial set a C$13.50 price target on Advantage Energy and gave the stock a “buy” rating in a report on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$13.79.
Get Our Latest Stock Analysis on AAV
Advantage Energy Trading Down 4.9%
The firm has a market cap of C$1.69 billion, a PE ratio of 12.58, a PEG ratio of -3.58 and a beta of -0.29. The company has a debt-to-equity ratio of 40.01, a current ratio of 0.35 and a quick ratio of 0.72. The business has a 50-day moving average price of C$10.59 and a two-hundred day moving average price of C$10.57.
Advantage Energy (TSE:AAV – Get Free Report) (NYSE:AAV) last released its quarterly earnings data on Thursday, October 29th. The company reported C$0.33 EPS for the quarter. The business had revenue of C$166.32 million for the quarter. Advantage Energy had a net margin of 18.26% and a return on equity of 8.07%. Analysts forecast that Advantage Energy Ltd. will post 1.47 EPS for the current year.
Advantage Energy Company Profile
Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.
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