Advantage Energy (OTCMKTS:AAVVF) Stock Price Up 0.1% - Time to Buy?

Key Points

• Advantage Energy Ltd. shares increased by 0.1%, trading at $7.89, with a notable volume surge of 147% over the average daily trading volume.
• The company holds a market capitalization of $1.32 billion and has an average analyst rating of "Buy," with varying recommendations from brokerages.
• Advantage Energy engages in the acquisition and production of natural gas and crude oil in Alberta, Canada, with its assets located near Grande Prairie.

Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) shares rose 0.1% during trading on Thursday . The stock traded as high as $8.23 and last traded at $7.89. Approximately 93,812 shares changed hands during mid-day trading, an increase of 147% from the average daily volume of 38,036 shares. The stock had previously closed at $7.88.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AAVVF. CIBC reiterated a "neutral" rating on shares of Advantage Energy in a report on Tuesday, June 24th. Desjardins reaffirmed a "buy" rating on shares of Advantage Energy in a report on Monday, May 5th. One investment analyst has rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy".

Advantage Energy Stock Performance

The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 35.87 and a beta of 1.00. The stock has a 50 day simple moving average of $8.39 and a 200 day simple moving average of $7.49. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.36.

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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