National Bank Financial Lowers Advantage Energy (OTCMKTS:AAVVF) to Hold

National Bank Financial cut shares of Advantage Energy (OTCMKTS:AAVVF) from a strong-buy rating to a hold rating in a report released on Tuesday morning, Zacks.com reports.

Advantage Energy Stock Up 1.9 %

Shares of Advantage Energy stock opened at $6.79 on Tuesday. The firm’s 50 day moving average price is $6.85 and its 200-day moving average price is $7.38. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.38. Advantage Energy has a 52-week low of $5.90 and a 52-week high of $8.58. The company has a market cap of $1.13 billion, a P/E ratio of 16.16 and a beta of 1.61.

Advantage Energy (OTCMKTS:AAVVF) last issued its quarterly earnings data on Thursday, July 25th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $73.57 million during the quarter. Advantage Energy had a return on equity of 5.13% and a net margin of 15.40%.

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.