Advantage Energy Ltd. (OTCMKTS:AAVVF) Given Consensus Recommendation of "Buy" by Brokerages

Key Points

• Advantage Energy Ltd. has received an average consensus rating of "Buy" from three brokerages, with recommendations ranging from hold to strong buy.
• For the latest quarter, Advantage Energy reported $0.30 EPS, exceeding analysts' expectations significantly, while revenue was $120.89 million, below consensus estimates.
• The company's stock is trading at $8.29 with a market cap of $1.38 billion, showing a 12-month trading range between $5.54 and $9.25.

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) have been assigned an average recommendation of "Buy" from the three brokerages that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

Several research analysts have recently issued reports on AAVVF shares. CIBC reiterated a "neutral" rating on shares of Advantage Energy in a research note on Tuesday, June 24th. Wall Street Zen upgraded shares of Advantage Energy from a "hold" rating to a "buy" rating in a research note on Thursday.

Advantage Energy Trading Up 0.0%

Advantage Energy stock traded up $0.00 during mid-day trading on Thursday, hitting $8.29. The company's stock had a trading volume of 3,623 shares, compared to its average volume of 52,512. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 37.68 and a beta of 0.85. The business has a 50 day moving average price of $8.02 and a 200-day moving average price of $7.69. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.67 and a quick ratio of 0.67. Advantage Energy has a 12 month low of $5.54 and a 12 month high of $9.25.

Advantage Energy (OTCMKTS:AAVVF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.20. Advantage Energy had a return on equity of 3.37% and a net margin of 8.20%.The company had revenue of $120.89 million for the quarter, compared to the consensus estimate of $194.50 million. As a group, analysts forecast that Advantage Energy will post 0.19 EPS for the current year.

About Advantage Energy

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.

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