Advantage Energy Ltd. (OTCMKTS:AAVVF) Short Interest Update

Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 2,132,000 shares, a decrease of 11.3% from the November 15th total of 2,403,300 shares. Based on an average daily volume of 80,400 shares, the days-to-cover ratio is presently 26.5 days.

Analyst Upgrades and Downgrades

Separately, National Bank Financial cut Advantage Energy from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 8th.

Advantage Energy Stock Down 2.2 %

Shares of OTCMKTS AAVVF traded down $0.14 during mid-day trading on Friday, reaching $6.19. 27,222 shares of the company's stock were exchanged, compared to its average volume of 42,299. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. The business has a fifty day simple moving average of $6.48 and a 200 day simple moving average of $6.95. Advantage Energy has a twelve month low of $6.04 and a twelve month high of $8.58. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 30.97 and a beta of 1.58.

Advantage Energy (OTCMKTS:AAVVF - Get Free Report) last announced its earnings results on Thursday, October 24th. The company reported ($0.03) earnings per share 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 analyst estimates of $119.27 million. As a group, equities analysts expect that Advantage Energy will post 0.17 EPS for the current fiscal 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.