Advantage Energy (OTCMKTS:AAVVF) Reaches New 12-Month Low – What’s Next?

Advantage Energy Ltd. (OTCMKTS:AAVVF) hit a new 52-week low during trading on Tuesday . The stock traded as low as $5.88 and last traded at $6.05, with a volume of 29966 shares. The stock had previously closed at $6.05.

Analyst Ratings Changes

Separately, National Bank Financial lowered shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 8th.

Advantage Energy Price Performance

The stock has a market capitalization of $985.16 million, a PE ratio of 29.50 and a beta of 1.58. The business’s 50-day moving average price is $6.43 and its 200 day moving average price is $6.91. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.75 and a current ratio of 0.75.

Advantage Energy (OTCMKTS:AAVVF) last posted its earnings results on Thursday, October 24th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.05). Advantage Energy had a return on equity of 2.88% and a net margin of 8.62%. The business had revenue of $106.19 million for the quarter, compared to analysts’ expectations of $119.27 million. Research analysts forecast that Advantage Energy Ltd. will post 0.17 earnings per share 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.