Advantage Energy (OTCMKTS:AAVVF) Shares Down 0.4% – Time to Sell?

Advantage Energy Ltd. (OTCMKTS:AAVVF)’s stock price traded down 0.4% on Tuesday . The company traded as low as $7.06 and last traded at $7.06. 27,929 shares changed hands during trading, a decline of 57% from the average session volume of 65,332 shares. The stock had previously closed at $7.09.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 8th.

Advantage Energy Stock Performance

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 company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 35.29 and a beta of 1.55. The firm has a 50-day simple moving average of $6.40 and a two-hundred day simple moving average of $6.77.

Advantage Energy (OTCMKTS:AAVVF) last announced its earnings results 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 analysts’ expectations of $119.27 million. On average, sell-side analysts anticipate that Advantage Energy Ltd. 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.