Advantage Energy (OTCMKTS:AAVVF) Sets New 1-Year High - Here's Why

Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $9.20 and last traded at $9.15, with a volume of 4988 shares trading hands. The stock had previously closed at $8.98.

Analyst Ratings Changes

A number of analysts have commented on the company. Desjardins reiterated a "buy" rating on shares of Advantage Energy in a research report on Monday, May 5th. Raymond James upgraded Advantage Energy to a "moderate buy" rating in a research report on Monday, April 7th. Finally, Cormark raised shares of Advantage Energy to a "moderate buy" rating in a report on Thursday, March 6th.

Advantage Energy Stock Performance

The stock's 50 day moving average is $7.64 and its two-hundred day moving average is $7.03. The firm has a market capitalization of $1.53 billion, a P/E ratio of 45.77 and a beta of 0.95. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75.

Advantage Energy (OTCMKTS:AAVVF - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.19 by ($0.31). The business had revenue of $154.11 million for the quarter, compared to the consensus estimate of $209.10 million. Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. As a group, equities analysts anticipate that Advantage Energy Ltd. will post 0.19 earnings per share 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.

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