Advantage Energy (OTCMKTS:AAVVF) Cut to “Hold” at Natl Bk Canada

Natl Bk Canada lowered shares of Advantage Energy (OTCMKTS:AAVVF) from a strong-buy rating to a hold rating in a research note released on Wednesday,Zacks.com reports.

AAVVF has been the topic of several other reports. Zacks Research cut shares of Advantage Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 29th. Wall Street Zen cut Advantage Energy from a “buy” rating to a “hold” rating in a research report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Advantage Energy Price Performance

OTCMKTS AAVVF opened at $8.94 on Wednesday. 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 has a 1 year low of $5.54 and a 1 year high of $9.25. The company has a market cap of $1.49 billion, a PE ratio of 35.76 and a beta of 0.82. The stock’s 50-day moving average price is $8.37 and its two-hundred day moving average price is $8.25.

Advantage Energy (OTCMKTS:AAVVF) last released its earnings results on Tuesday, October 28th. The company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. Advantage Energy had a net margin of 9.39% and a return on equity of 3.78%. The business had revenue of $93.92 million for the quarter, compared to the consensus estimate of $160.90 million. On average, analysts predict that Advantage Energy will post 0.19 EPS for the current year.

Advantage Energy Company Profile

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.