OTCMKTS:AAVVF FY2024 EPS Estimate Reduced by Atb Cap Markets

Advantage Energy Ltd. (OTCMKTS:AAVVF - Free Report) - Investment analysts at Atb Cap Markets lowered their FY2024 EPS estimates for Advantage Energy in a research note issued on Tuesday, February 25th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.14 per share for the year, down from their previous forecast of $0.19. The consensus estimate for Advantage Energy's current full-year earnings is $0.19 per share. Atb Cap Markets also issued estimates for Advantage Energy's Q4 2024 earnings at $0.12 EPS and FY2027 earnings at $1.13 EPS.

Separately, National Bank Financial upgraded Advantage Energy from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 20th.

Advantage Energy Price Performance

Advantage Energy stock traded down $0.42 during trading hours on Friday, hitting $6.57. 203,411 shares of the stock were exchanged, compared to its average volume of 58,726. Advantage Energy has a 12 month low of $5.83 and a 12 month high of $8.58. The business's 50-day moving average is $6.76 and its two-hundred 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. The stock has a market capitalization of $1.10 billion, a P/E ratio of 32.85 and a beta of 1.52.

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.