Advantage Energy (OTCMKTS:AAVVF) Issues Earnings Results

Advantage Energy (OTCMKTS:AAVVF - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.06), Zacks reports. Advantage Energy had a return on equity of 2.88% and a net margin of 8.62%. The business had revenue of $113.60 million for the quarter, compared to analysts' expectations of $204.10 million.

Advantage Energy Stock Up 3.3 %

Shares of AAVVF stock traded up $0.21 on Friday, hitting $6.49. The stock had a trading volume of 152,259 shares, compared to its average volume of 62,292. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 32.45 and a beta of 1.52. The stock's 50 day moving average is $6.77 and its 200-day moving average is $6.66. 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 has a 52-week low of $5.83 and a 52-week high of $8.58.

Analyst Ratings Changes

Several research firms have issued reports on AAVVF. National Bank Financial upgraded shares of Advantage Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 20th. Cormark upgraded shares of Advantage Energy to a "moderate buy" rating in a research note on Thursday.

Advantage Energy Company Profile

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.