Advantage Energy (OTCMKTS:AAVVF) Hits New 1-Year Low – Here’s What Happened

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

Wall Street Analyst Weigh In

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 Trading Down 0.1 %

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 firm has a market cap of $985.16 million, a P/E ratio of 29.50 and a beta of 1.58. The firm’s 50-day simple moving average is $6.43 and its 200 day simple moving average is $6.91.

Advantage Energy (OTCMKTS:AAVVF) last posted 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 return on equity of 2.88% and a net margin of 8.62%. The company had revenue of $106.19 million during the quarter, compared to the consensus estimate of $119.27 million. As a group, analysts expect that Advantage Energy Ltd. will post 0.17 earnings per share for the current 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.