Advantage Energy (OTCMKTS:AAVVF) Stock Rating Upgraded by Wall Street Zen

Key Points

• Advantage Energy's stock rating was upgraded from "hold" to "buy" by Wall Street Zen, contributing to a consensus rating of "buy" among analysts.
• The company's stock experienced a 1.1% increase, reaching $8.38, while its one-year price range spans from a low of $5.54 to a high of $9.25.
• In its latest quarterly earnings, Advantage Energy reported earnings per share of $0.30, significantly exceeding the consensus estimate of $0.10.

Advantage Energy (OTCMKTS:AAVVF - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Thursday.

Separately, CIBC reissued a "neutral" rating on shares of Advantage Energy in a report on Tuesday, June 24th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, Advantage Energy has a consensus rating of "Buy".

Advantage Energy Stock Up 1.1%

Advantage Energy stock traded up $0.09 during trading hours on Thursday, hitting $8.38. 3,523 shares of the stock traded hands, compared to its average volume of 52,512. Advantage Energy has a one year low of $5.54 and a one year high of $9.25. The firm's 50-day moving average price is $8.02 and its two-hundred day moving average price is $7.69. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.39. The company has a market cap of $1.40 billion, a PE ratio of 38.10 and a beta of 0.85.

Advantage Energy (OTCMKTS:AAVVF - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.30 earnings per share (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 company had revenue of $120.89 million during the quarter, compared to analyst estimates of $194.50 million. On average, research analysts forecast that Advantage Energy 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.

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