Advantage Energy (OTCMKTS:AAVVF) Sets New 1-Year Low – Time to Sell?

Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF) hit a new 52-week low during trading on Tuesday . The company traded as low as $5.88 and last traded at $6.05, with a volume of 29966 shares traded. The stock had previously closed at $6.05.

Analyst Upgrades and Downgrades

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

Advantage Energy Stock Down 0.0 %

The stock has a fifty day moving average price of $6.46 and a two-hundred day moving average price of $6.94. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 30.25 and a beta of 1.58. 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 (OTCMKTS:AAVVF) last announced 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 company 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%. As a group, sell-side analysts expect 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.