Advantage Energy (OTCMKTS:AAVVF) Shares Gap Down – Time to Sell?

Advantage Energy Ltd. (OTCMKTS:AAVVF) shares gapped down prior to trading on Wednesday . The stock had previously closed at $8.01, but opened at $7.50. Advantage Energy shares last traded at $7.50, with a volume of 130 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on AAVVF shares. Raymond James Financial raised Advantage Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 8th. Natl Bk Canada cut shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 26th. Zacks Research raised Advantage Energy from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. Wall Street Zen lowered shares of Advantage Energy from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Advantage Energy in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Advantage Energy presently has a consensus rating of “Moderate Buy”.

Advantage Energy Price Performance

The stock’s 50-day moving average price is $8.57 and its 200 day moving average price is $8.29. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 31.50 and a beta of 0.97.

Advantage Energy (OTCMKTS:AAVVF) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.18. The firm had revenue of $93.92 million for the quarter, compared to analyst estimates of $160.90 million. Advantage Energy had a net margin of 9.39% and a return on equity of 3.75%. Equities research analysts expect that Advantage Energy Ltd. will post 0.19 earnings per share for the current fiscal year.

About Advantage Energy

Advantage Energy Ltd. is a Calgary-based exploration and production company focused on the development of natural gas, condensate and natural gas liquids (NGLs) in the Montney formation of western Canada. The company holds and operates an extensive land position across northeast British Columbia and northwest Alberta, where it employs multi-stage fracturing and horizontal drilling techniques to optimize recovery from low-permeability reservoirs. Advantage Energy’s asset portfolio is structured to deliver stable gas production alongside enhanced liquids yields, supporting its strategy of balancing volume growth with cash-flow generation.

Advantage Energy’s operations are anchored in its core Montney acreage, where it has established several gas processing and compression facilities to gather, treat and market its production.