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

Advantage Energy Ltd. (OTCMKTS:AAVVF)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $8.62, but opened at $8.32. Advantage Energy shares last traded at $8.32, with a volume of 900 shares.

Analysts Set New Price Targets

Several equities analysts have recently commented on AAVVF shares. Wall Street Zen lowered Advantage Energy from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Raymond James Financial raised shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 8th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Advantage Energy in a report on Thursday, December 11th. Natl Bk Canada cut Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Finally, Zacks Research raised Advantage Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Advantage Energy Stock Performance

The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $1.39 billion, a PE ratio of 33.28 and a beta of 0.91. The business has a 50 day simple moving average of $8.51 and a 200 day simple moving average of $8.34.

Advantage Energy (OTCMKTS:AAVVF) last released its earnings results on Tuesday, October 28th. The company reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. Advantage Energy had a net margin of 9.39% and a return on equity of 3.75%. The company had revenue of $93.92 million for the quarter, compared to the consensus estimate of $160.90 million. Equities research analysts predict that Advantage Energy Ltd. will post 0.19 EPS for the current fiscal year.

Advantage Energy Company Profile

Advantage Energy Ltd. is a Calgary-based exploration and production company focused on the development of natural gas, condensate and natural gas liquids (NGLs) in the Montney formation of western Canada. The company holds and operates an extensive land position across northeast British Columbia and northwest Alberta, where it employs multi-stage fracturing and horizontal drilling techniques to optimize recovery from low-permeability reservoirs. Advantage Energy’s asset portfolio is structured to deliver stable gas production alongside enhanced liquids yields, supporting its strategy of balancing volume growth with cash-flow generation.

Advantage Energy’s operations are anchored in its core Montney acreage, where it has established several gas processing and compression facilities to gather, treat and market its production.