Advantage Energy (OTCMKTS:AAVVF) Trading Down 0.4% – Time to Sell?

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

Wall Street Analyst Weigh In

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

Advantage Energy Trading Up 1.6 %

The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.42. The company’s fifty day moving average price is $6.42 and its two-hundred day moving average price is $6.78. The firm has a market cap of $1.20 billion, a PE ratio of 35.85 and a beta of 1.55.

Advantage Energy (OTCMKTS:AAVVF) last announced its quarterly earnings data on Thursday, October 24th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). The business had revenue of $106.19 million during the quarter, compared to analysts’ expectations of $119.27 million. Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. As a group, sell-side analysts forecast that Advantage Energy Ltd. will post 0.17 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.