Advantage Energy Ltd. (OTCMKTS:AAVVF) Short Interest Update

Advantage Energy Ltd. (OTCMKTS:AAVVF) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 2,543,300 shares, a growth of 14.4% from the October 15th total of 2,223,800 shares. Based on an average daily trading volume, of 55,800 shares, the days-to-cover ratio is presently 45.6 days.

Analyst Upgrades and Downgrades

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

Advantage Energy Stock Performance

OTCMKTS:AAVVF opened at $6.10 on Monday. The stock’s 50-day simple moving average is $6.66 and its 200 day simple moving average is $7.19. The firm has a market capitalization of $1.02 billion, a PE ratio of 30.52 and a beta of 1.64. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.42. Advantage Energy has a twelve month low of $5.90 and a twelve month high of $8.58.

Advantage Energy (OTCMKTS:AAVVF) last released 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). 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%. On average, analysts anticipate that Advantage Energy will post 0.17 EPS for the current fiscal year.

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.