Advantage Energy (OTCMKTS:AAVVF) Shares Gap Down – What’s Next?

Advantage Energy Ltd. (OTCMKTS:AAVVF)’s share price gapped down before the market opened on Monday . The stock had previously closed at $8.49, but opened at $8.00. Advantage Energy shares last traded at $8.17, with a volume of 3,304 shares trading hands.

Wall Street Analyst Weigh In

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

Advantage Energy Stock Performance

The business has a 50-day moving average price of $8.58 and a 200-day moving average price of $8.31. 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 31.40 and a beta of 0.97.

Advantage Energy (OTCMKTS:AAVVF) last announced its earnings results on Tuesday, October 28th. The company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. Advantage Energy had a return on equity of 3.75% and a net margin of 9.39%.The firm had revenue of $93.92 million for the quarter, compared to the consensus estimate of $160.90 million. As a group, sell-side analysts forecast 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.