Advantage Energy Ltd. (OTCMKTS:AAVVF) Stock Rated “Moderate Buy” by Sell-Side Analysts

Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

Several equities research analysts have issued reports on the company. Raymond James Financial downgraded Advantage Energy from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 16th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Advantage Energy in a research note on Friday, August 28th. Finally, Scotiabank reissued an “outperform” rating on shares of Advantage Energy in a research report on Monday, August 3rd.

Read Our Latest Research Report on AAVVF

Advantage Energy Trading Up 0.5%

OTCMKTS:AAVVF opened at $7.70 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.34 and a current ratio of 0.34. Advantage Energy has a one year low of $6.72 and a one year high of $9.50. The business’s 50-day simple moving average is $7.58 and its 200 day simple moving average is $7.44. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 22.00 and a beta of 0.76.

Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.05. Advantage Energy had a return on equity of 4.92% and a net margin of 11.58%. The firm had revenue of $137.96 million during the quarter, compared to the consensus estimate of $142.85 million.

Advantage Energy Company Profile

(Get Free Report)

Advantage Energy Ltd. is a Canadian natural gas and liquids producer headquartered in Calgary, Alberta. The company develops and produces natural gas, natural gas liquids and condensate, with a focus on the Montney resource in western Canada.

Advantage’s principal operations are located in the Glacier region of Alberta, where it owns and operates infrastructure supporting drilling, processing and transportation. Its production is marketed to customers in Canada and the United States through regional pipeline and natural gas networks.

The company was formerly known as Advantage Oil & Gas Ltd.

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Analyst Recommendations for Advantage Energy (OTCMKTS:AAVVF)

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