Advantage Energy (OTCMKTS:AAVVF) Shares Gap Up – Should You Buy?

Advantage Energy Ltd. (OTCMKTS:AAVVF)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $8.67, but opened at $9.06. Advantage Energy shares last traded at $9.05, with a volume of 5,650 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AAVVF. Natl Bk Canada lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Zacks Research cut Advantage Energy from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 29th. Finally, Wall Street Zen lowered shares of Advantage Energy from a “buy” rating to a “hold” rating in a report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Advantage Energy Stock Performance

The firm’s fifty day moving average price is $8.37 and its two-hundred day moving average price is $8.25. The stock has a market capitalization of $1.51 billion, a PE ratio of 36.10 and a beta of 0.82. 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 (OTCMKTS:AAVVF) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.18. Advantage Energy had a return on equity of 3.78% and a net margin of 9.39%.The company had revenue of $93.92 million for the quarter, compared to the consensus estimate of $160.90 million. As a group, equities research analysts forecast that Advantage Energy Ltd. will post 0.19 EPS for the current year.

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.