Advantage Energy (OTCMKTS:AAVVF) Trading Up 3.1%

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVFGet Free Report) were up 3.1% during trading on Tuesday . The company traded as high as $7.63 and last traded at $7.61. Approximately 56,378 shares were traded during trading, an increase of 43% from the average daily volume of 39,479 shares. The stock had previously closed at $7.38.

Analysts Set New Price Targets

A number of equities analysts recently commented on AAVVF shares. CIBC lifted their price target on shares of Advantage Energy from $9.75 to $10.50 and gave the stock a “neutral” rating in a research note on Tuesday, March 5th. Scotiabank reaffirmed a “buy” rating and set a $17.00 price target on shares of Advantage Energy in a research note on Thursday, March 7th.

View Our Latest Stock Analysis on AAVVF

Advantage Energy Price Performance

The firm’s 50-day moving average price is $7.94 and its two-hundred day moving average price is $7.23. The stock has a market cap of $1.22 billion, a PE ratio of 18.12 and a beta of 1.64. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.15.

Advantage Energy (OTCMKTS:AAVVFGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The company reported $0.10 earnings per share for the quarter. Advantage Energy had a net margin of 18.36% and a return on equity of 6.10%. The firm had revenue of $103.39 million during the quarter.

Advantage Energy Company Profile

(Get Free Report)

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.

Further Reading

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