Advantage Energy (OTCMKTS:AAVVF – Get Free Report) posted its earnings results on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.32, Zacks reports. Advantage Energy had a return on equity of 4.92% and a net margin of 11.58%. The company had revenue of $133.21 million for the quarter, compared to analysts’ expectations of $136.83 million.
Advantage Energy Stock Performance
Shares of Advantage Energy stock opened at $7.79 on Friday. Advantage Energy has a 52 week low of $6.72 and a 52 week high of $9.50. The company has a market capitalization of $1.30 billion, a PE ratio of 22.26 and a beta of 0.76. The stock’s fifty day moving average is $7.56 and its two-hundred day moving average is $7.61. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.34.
Wall Street Analysts Forecast Growth
Several brokerages have commented on AAVVF. Scotiabank reiterated an “outperform” rating on shares of Advantage Energy in a research note on Monday, August 3rd. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Advantage Energy in a research note on Friday, August 28th. Finally, Raymond James Financial cut shares of Advantage Energy from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on AAVVF
Advantage Energy Company Profile
Advantage Energy Ltd. is a Canadian natural gas and liquids producer headquartered in Calgary, Alberta. The company develops and produces natural gas, natural gas liquids and condensate, with a focus on the Montney resource in western Canada.
Advantage’s principal operations are located in the Glacier region of Alberta, where it owns and operates infrastructure supporting drilling, processing and transportation. Its production is marketed to customers in Canada and the United States through regional pipeline and natural gas networks.
The company was formerly known as Advantage Oil & Gas Ltd.
See Also
- Five stocks we like better than Advantage Energy
- Chipotle’s $32 Floor: Is a Major Stock Rebound Coming?
- SaaS-Pocalypse II: Is ServiceNow’s Sell-Off Another Buying Opportunity?
- Robinhood Stock Is Down Nearly 37%—So Why Is Wall Street Still So Bullish?
- 5 Stocks to Buy in November: Bargains Worth Giving Thanks For
Receive News & Ratings for Advantage Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Energy and related companies with MarketBeat.com's FREE daily email newsletter.
