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

Advantage Energy Ltd. (OTCMKTS:AAVVF) gapped down before the market opened on Tuesday . The stock had previously closed at $8.5080, but opened at $8.04. Advantage Energy shares last traded at $8.04, with a volume of 150 shares traded.

Analyst Upgrades and Downgrades

AAVVF has been the subject of a number of research analyst reports. Zacks Research downgraded shares of Advantage Energy from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 29th. Wall Street Zen lowered Advantage Energy from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Advantage Energy Stock Performance

The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average price of $8.29 and a two-hundred day moving average price of $8.18. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 32.16 and a beta of 0.82.

Advantage Energy (OTCMKTS:AAVVF) last announced its earnings results on Tuesday, October 28th. The company reported $0.18 earnings per share for the quarter, meeting the consensus estimate of $0.18. Advantage Energy had a net margin of 9.39% and a return on equity of 3.78%. The firm had revenue of $93.92 million during the quarter, compared to the consensus estimate of $160.90 million. As a group, analysts forecast that Advantage Energy Ltd. will post 0.19 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.