Advantage Energy (OTCMKTS:AAVVF) Upgraded by National Bank Financial to Strong-Buy Rating

Advantage Energy (OTCMKTS:AAVVF) was upgraded by research analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Advantage Energy Stock Performance

OTCMKTS:AAVVF opened at $7.11 on Monday. The firm has a 50-day moving average of $6.55 and a two-hundred day moving average of $6.74. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a market cap of $1.19 billion, a P/E ratio of 35.56 and a beta of 1.55. Advantage Energy has a 1-year low of $5.83 and a 1-year high of $8.58.

Advantage Energy (OTCMKTS:AAVVF) last issued its quarterly earnings results on Thursday, October 24th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. The business had revenue of $106.19 million during the quarter, compared to analysts’ expectations of $119.27 million. On average, research analysts expect that Advantage Energy will post 0.19 earnings per share for the current fiscal year.

About Advantage Energy

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.