Advantage Energy Ltd. (OTCMKTS:AAVVF) Given Consensus Rating of "Buy" by Analysts

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.

Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) has received an average recommendation of "Buy" from the three analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have recently commented on AAVVF. Wall Street Zen raised Advantage Energy from a "hold" rating to a "buy" rating in a research note on Thursday, September 11th. CIBC reaffirmed a "neutral" rating on shares of Advantage Energy in a research note on Tuesday, June 24th.

Advantage Energy Stock Performance

Shares of Advantage Energy stock traded up $0.20 during trading hours on Thursday, reaching $8.39. The company's stock had a trading volume of 56,914 shares, compared to its average volume of 51,792. The stock has a market cap of $1.40 billion, a P/E ratio of 38.14 and a beta of 0.85. The company's 50 day simple moving average is $8.01 and its 200 day simple moving average is $7.73. Advantage Energy has a one year low of $5.54 and a one year high of $9.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.67 and a current ratio of 0.67.

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

Advantage Energy Company Profile

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.