Advantage Energy Ltd. (OTCMKTS:AAVVF) Short Interest Update

Advantage Energy Ltd. (OTCMKTS:AAVVF) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 2,403,300 shares, a decline of 5.5% from the October 31st total of 2,543,300 shares. Based on an average trading volume of 62,000 shares, the short-interest ratio is presently 38.8 days.

Wall Street Analysts Forecast Growth

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

Advantage Energy Stock Performance

Shares of Advantage Energy stock opened at $6.17 on Thursday. The firm has a fifty day moving average of $6.58 and a two-hundred day moving average of $7.06. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 30.85 and a beta of 1.58. Advantage Energy has a 52 week low of $5.90 and a 52 week high of $8.58. 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 issued 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). The business had revenue of $106.19 million for the quarter, compared to the consensus estimate of $119.27 million. Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. As a group, equities research analysts predict that Advantage Energy will post 0.17 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.