Advantage Energy (OTCMKTS:AAVVF) Trading Down 0.4%

Advantage Energy Ltd. (OTCMKTS:AAVVF)’s stock price dropped 0.4% during trading on Monday . The company traded as low as $7.57 and last traded at $7.68. Approximately 14,889 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 37,988 shares. The stock had previously closed at $7.71.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Scotiabank reaffirmed a “buy” rating and set a $17.00 price target on shares of Advantage Energy in a report on Thursday, March 7th. CIBC increased their target price on shares of Advantage Energy from $9.75 to $10.50 and gave the company a “neutral” rating in a report on Tuesday, March 5th.

Advantage Energy Stock Performance

The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.17. The company has a market cap of $1.24 billion, a PE ratio of 17.06 and a beta of 1.73. The stock’s 50 day simple moving average is $7.34 and its two-hundred day simple moving average is $6.98.

Advantage Energy (OTCMKTS:AAVVF) last announced its quarterly earnings results on Tuesday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. Advantage Energy had a return on equity of 6.54% and a net margin of 19.39%. The firm had revenue of $108.09 million during the quarter.

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.