Advantage Energy (OTCMKTS:AAVVF) Trading 0.4% Higher - Time to Buy?

Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report)'s share price traded up 0.4% during mid-day trading on Thursday . The company traded as high as $8.38 and last traded at $8.38. 37,006 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 55,327 shares. The stock had previously closed at $8.35.

Wall Street Analyst Weigh In

Several research firms have recently commented on AAVVF. Desjardins reaffirmed a "buy" rating on shares of Advantage Energy in a report on Monday, May 5th. Cormark raised shares of Advantage Energy to a "moderate buy" rating in a report on Thursday, March 6th. Finally, Raymond James upgraded Advantage Energy to a "moderate buy" rating in a research note on Monday, April 7th.

Advantage Energy Stock Performance

The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a 50 day moving average of $7.36 and a 200 day moving average of $6.91. The stock has a market capitalization of $1.40 billion, a P/E ratio of 41.91 and a beta of 0.89.

Advantage Energy (OTCMKTS:AAVVF - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.31). Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. The firm had revenue of $154.11 million for the quarter, compared to analyst estimates of $209.10 million. Equities analysts predict 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.

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