Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as $6.7660 and last traded at $6.92, with a volume of 2615 shares. The stock had previously closed at $7.29.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. ATB Cormark Capital Markets lowered shares of Advantage Energy from a "strong-buy" rating to a "moderate buy" rating in a report on Friday, February 13th. BMO Capital Markets lowered shares of Advantage Energy from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 7th. Finally, National Bank Financial upgraded Advantage Energy from a "hold" rating to an "outperform" rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".
Read Our Latest Research Report on AAVVF
Advantage Energy Stock Down 4.8%
The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.39 and a current ratio of 0.39. The stock's 50-day moving average price is $7.85 and its two-hundred day moving average price is $8.19. The stock has a market capitalization of $1.13 billion, a PE ratio of 30.60 and a beta of 0.96.
Advantage Energy (OTCMKTS:AAVVF - Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.20). Advantage Energy had a return on equity of 3.28% and a net margin of 8.03%.The business had revenue of $130.41 million for the quarter, compared to the consensus estimate of $174.72 million. As a group, analysts expect that Advantage Energy Ltd. will post 0.19 EPS for the current fiscal year.
About Advantage Energy
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Advantage Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Advantage Energy wasn't on the list.
While Advantage Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.