Advantage Energy Ltd. (OTCMKTS:AAVVF - Get Free Report) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,403,500 shares, an increase of 8.3% from the December 15th total of 2,219,700 shares. Based on an average daily trading volume, of 84,300 shares, the days-to-cover ratio is currently 28.5 days.
Advantage Energy Stock Down 0.6 %
Shares of OTCMKTS AAVVF traded down $0.04 during mid-day trading on Friday, reaching $6.87. The company had a trading volume of 7,381 shares, compared to its average volume of 46,855. The stock's 50 day moving average is $6.52 and its 200-day moving average is $6.75. Advantage Energy has a twelve month low of $5.83 and a twelve month high of $8.58. The stock has a market capitalization of $1.15 billion, a PE ratio of 36.09 and a beta of 1.55. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.75 and a current ratio of 0.75.
Advantage Energy (OTCMKTS:AAVVF - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). Advantage Energy had a return on equity of 2.88% and a net margin of 8.62%. The business had revenue of $106.19 million for the quarter, compared to analyst estimates of $119.27 million. As a group, equities analysts anticipate that Advantage Energy will post 0.19 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, National Bank Financial downgraded Advantage Energy from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 8th.
Check Out Our Latest Report on AAVVF
About Advantage Energy
(
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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.
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