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

Advantage Energy Ltd. (OTCMKTS:AAVVF) shares gapped down before the market opened 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 changing hands.

Analyst Upgrades and Downgrades

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

Advantage Energy Price Performance

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 stock’s 50-day moving average price is $8.55 and its 200-day moving average price is $8.28. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 31.76 and a beta of 0.97.

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

Advantage Energy Company Profile

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.