Advantage Energy (OTCMKTS:AAVVF) Hits New 1-Year High at $8.13

Advantage Energy Ltd. (OTCMKTS:AAVVF) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $8.13 and last traded at $7.97, with a volume of 16289 shares traded. The stock had previously closed at $7.72.

Wall Street Analyst Weigh In

AAVVF has been the topic of several recent research reports. CIBC raised their price target on Advantage Energy from $9.75 to $10.50 and gave the stock a “neutral” rating in a research report on Tuesday, March 5th. Scotiabank reiterated a “buy” rating and issued a $17.00 price objective on shares of Advantage Energy in a report on Thursday, March 7th.

Advantage Energy Stock Up 3.2 %

The stock has a 50 day simple moving average of $7.39 and a 200-day simple moving average of $6.99. The firm has a market cap of $1.28 billion, a PE ratio of 17.16 and a beta of 1.73. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.25 and a quick ratio of 1.25.

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

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.