Advantage Energy (OTCMKTS:AAVVF) Shares Down 0.4% – Here’s Why

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF) fell 0.4% on Tuesday . The stock traded as low as $7.06 and last traded at $7.06. 27,929 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 65,332 shares. The stock had previously closed at $7.09.

Analyst Ratings Changes

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

Advantage Energy Stock Performance

The firm’s fifty day simple moving average is $6.40 and its 200 day simple moving average is $6.77. The company has a market capitalization of $1.18 billion, a PE ratio of 35.29 and a beta of 1.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75.

Advantage Energy (OTCMKTS:AAVVF) last posted its earnings results on Thursday, October 24th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.05). Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. The firm had revenue of $106.19 million during the quarter, compared to analyst estimates of $119.27 million. On average, research analysts predict that Advantage Energy Ltd. 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.