Advantage Energy (OTCMKTS:AAVVF) Downgraded to “Hold” Rating by BMO Capital Markets

Advantage Energy (OTCMKTS:AAVVF) was downgraded by analysts at BMO Capital Markets from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Raymond James Financial upgraded shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, December 8th. National Bank Financial raised Advantage Energy from a “hold” rating to an “outperform” rating in a research report on Friday, February 13th. Zacks Research raised Advantage Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. ATB Cormark Capital Markets cut Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, February 13th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Advantage Energy in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Advantage Energy Stock Down 0.1%

OTCMKTS:AAVVF opened at $7.38 on Tuesday. Advantage Energy has a fifty-two week low of $5.54 and a fifty-two week high of $9.50. The stock has a market capitalization of $1.23 billion, a P/E ratio of 33.55 and a beta of 0.96. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.40 and a current ratio of 0.40. The company’s 50-day simple moving average is $7.95 and its 200-day simple moving average is $8.24.

Advantage Energy (OTCMKTS:AAVVF) last released its quarterly earnings results on Thursday, March 5th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.20). Advantage Energy had a net margin of 8.03% and a return on equity of 3.30%. The firm had revenue of $130.41 million during the quarter, compared to the consensus estimate of $174.72 million. On average, equities analysts anticipate that Advantage Energy will post 0.19 earnings per share for the current fiscal 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.