Advantage Energy (OTCMKTS:AAVVF) Shares Down 0.4% – Should You Sell?

Advantage Energy Ltd. (OTCMKTS:AAVVF) shares were down 0.4% during mid-day trading on Tuesday . The stock traded as low as $7.06 and last traded at $7.06. Approximately 27,929 shares traded hands during trading, a decline of 57% from the average daily volume of 65,332 shares. The stock had previously closed at $7.09.

Analysts Set New Price Targets

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

Advantage Energy Stock Up 1.6 %

The company has a market capitalization of $1.20 billion, a PE ratio of 35.85 and a beta of 1.55. 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 moving average of $6.42 and a 200 day moving average of $6.78.

Advantage Energy (OTCMKTS:AAVVF) last announced its quarterly earnings data 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). The business had revenue of $106.19 million during the quarter, compared to analyst estimates of $119.27 million. Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. Equities research analysts anticipate that Advantage Energy Ltd. will post 0.17 EPS for the current 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.