Advantage Energy (TSE:AAV) Hits New 12-Month Low - Time to Sell?

Key Points

• Share-price drop: Advantage Energy hit a new 52-week low of C$9.21 and was last at C$9.41, trading down about 4.3% on volume of 117,245 shares.
• Analyst outlook mixed but shows upside: The consensus is a “Moderate Buy” with an average target of C$13.88 (five Buys, three Holds), though firms have recently issued conflicting revisions—BMO cut to Hold, National Bank upgraded to Outperform and raised its target to C$15, and ATB Cormark trimmed its target to C$14.
• Financials indicate leverage and tight liquidity: Market cap C$1.55B, P/E 29.87, debt-to-equity 52.03, quick ratio 0.72 and current ratio 0.39, signaling elevated leverage and limited short-term liquidity.

Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV's share price hit a new 52-week low during trading on Friday . The company traded as low as C$9.21 and last traded at C$9.41, with a volume of 117245 shares trading hands. The stock had previously closed at C$9.68.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AAV. BMO Capital Markets downgraded Advantage Energy from an "outperform" rating to a "hold" rating and set a C$12.00 price objective on the stock. in a research note on Tuesday, April 7th. National Bank Financial upgraded Advantage Energy from a "hold" rating to an "outperform" rating and increased their target price for the company from C$14.00 to C$15.00 in a research report on Friday, February 13th. Finally, ATB Cormark Capital Markets lowered shares of Advantage Energy from a "strong-buy" rating to a "moderate buy" rating and cut their target price for the company from C$15.00 to C$14.00 in a report on Friday, February 13th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$13.88.

Advantage Energy Trading Down 4.3%

The stock has a market cap of C$1.55 billion, a P/E ratio of 29.87, a P/E/G ratio of -3.58 and a beta of -0.25. The company has a debt-to-equity ratio of 52.03, a quick ratio of 0.72 and a current ratio of 0.39. The stock's fifty day moving average is C$10.78 and its 200 day moving average is C$11.32.

About Advantage Energy

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.

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