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

Advantage Energy Ltd. (OTCMKTS:AAVVFGet Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $8.39, but opened at $7.80. Advantage Energy shares last traded at $7.78, with a volume of 2,640 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AAVVF. National Bank Financial upgraded Advantage Energy from a “hold” rating to an “outperform” rating in a research report on Friday, February 13th. Zacks Research upgraded shares of Advantage Energy from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. Raymond James Financial upgraded shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, December 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Advantage Energy in a research report on Thursday, December 11th. Finally, ATB Cormark Capital Markets cut shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on AAVVF

Advantage Energy Trading Up 2.6%

The company has a market cap of $1.31 billion, a price-to-earnings ratio of 31.32 and a beta of 0.99. The company’s 50 day moving average price is $8.20 and its 200 day moving average price is $8.25. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.40 and a current ratio of 0.40.

About Advantage Energy

(Get Free Report)

Advantage Energy Ltd. is a Calgary-based exploration and production company focused on the development of natural gas, condensate and natural gas liquids (NGLs) in the Montney formation of western Canada. The company holds and operates an extensive land position across northeast British Columbia and northwest Alberta, where it employs multi-stage fracturing and horizontal drilling techniques to optimize recovery from low-permeability reservoirs. Advantage Energy’s asset portfolio is structured to deliver stable gas production alongside enhanced liquids yields, supporting its strategy of balancing volume growth with cash-flow generation.

Advantage Energy’s operations are anchored in its core Montney acreage, where it has established several gas processing and compression facilities to gather, treat and market its production.

See Also

Receive News & Ratings for Advantage Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Energy and related companies with MarketBeat.com's FREE daily email newsletter.