Advantage Energy (OTCMKTS:AAVVF) Shares Gap Down - Time to Sell?

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $8.31, but opened at $8.10. Advantage Energy shares last traded at $8.10, with a volume of 101 shares trading hands.

Analysts Set New Price Targets

A number of research firms recently weighed in on AAVVF. Desjardins reaffirmed a "buy" rating on shares of Advantage Energy in a report on Monday, May 5th. CIBC reissued a "neutral" rating on shares of Advantage Energy in a research note on Tuesday, June 24th. Finally, Raymond James Financial upgraded Advantage Energy to a "moderate buy" rating in a research note on Monday, April 7th. One analyst has rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Advantage Energy presently has an average rating of "Buy".

Advantage Energy Price Performance

The firm has a market capitalization of $1.41 billion, a PE ratio of -64.77 and a beta of 0.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.51 and a quick ratio of 0.51. The business's 50 day moving average is $8.26 and its two-hundred day moving average is $7.33.

Advantage Energy (OTCMKTS:AAVVF - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.31). Advantage Energy had a negative net margin of 5.68% and a negative return on equity of 1.84%. The company had revenue of $154.11 million for the quarter, compared to analysts' expectations of $209.10 million. As a group, research analysts anticipate that Advantage Energy Ltd. will post 0.19 EPS for the current 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.