Advantage Energy (OTCMKTS:AAVVF) Stock Rating Upgraded by National Bank Financial

Advantage Energy (OTCMKTS:AAVVF) was upgraded by investment analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Advantage Energy Stock Performance

Shares of OTCMKTS AAVVF opened at $7.11 on Monday. The company has a 50-day simple moving average of $6.55 and a 200-day simple moving average of $6.74. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market cap of $1.19 billion, a PE ratio of 35.56 and a beta of 1.55. Advantage Energy has a 12 month low of $5.83 and a 12 month high of $8.58.

Advantage Energy (OTCMKTS:AAVVF) last released 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 net margin of 8.62% and a return on equity of 2.88%. The business had revenue of $106.19 million during the quarter, compared to analyst estimates of $119.27 million. On average, equities analysts anticipate that Advantage Energy will post 0.19 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.