Advantage Energy (AAVVF) Set to Announce Quarterly Earnings on Thursday

Advantage Energy (OTCMKTS:AAVVF) will post its quarterly earnings results on Thursday, April 25th.

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

Advantage Energy Stock Up 0.5 %

Shares of OTCMKTS AAVVF opened at $7.72 on Wednesday. The firm’s 50-day simple moving average is $7.34 and its 200 day simple moving average is $6.98. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 17.16 and a beta of 1.73. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.17. Advantage Energy has a 12-month low of $4.91 and a 12-month high of $8.11.

Analyst Ratings Changes

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

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.