Advantage Energy (OTCMKTS:AAVVF) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Advantage Energy (OTCMKTS:AAVVF) issued its earnings results on Tuesday. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06), Zacks reports. Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%.

Advantage Energy Price Performance

AAVVF traded up $0.07 during trading on Tuesday, reaching $6.64. 113,420 shares of the stock were exchanged, compared to its average volume of 60,093. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 33.18 and a beta of 1.52. Advantage Energy has a 1 year low of $5.83 and a 1 year high of $8.58. The business’s 50 day moving average price is $6.76 and its two-hundred day moving average price is $6.66.

Wall Street Analyst Weigh In

Separately, National Bank Financial upgraded shares of Advantage Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 20th.

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.