Advantage Energy (OTCMKTS:AAVVF) Upgraded by National Bank Financial to “Strong-Buy” Rating

National Bank Financial upgraded shares of Advantage Energy (OTCMKTS:AAVVF) from a hold rating to a strong-buy rating in a research report sent to investors on Monday morning,Zacks.com reports.

Advantage Energy Price Performance

AAVVF opened at $7.11 on Monday. Advantage Energy has a twelve month low of $5.83 and a twelve month high of $8.58. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 35.56 and a beta of 1.55. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. The company has a fifty day simple moving average of $6.55 and a 200 day simple moving average of $6.74.

Advantage Energy (OTCMKTS:AAVVF) last announced its earnings results 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). Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%. The business had revenue of $106.19 million for the quarter, compared to analyst estimates of $119.27 million. Equities research analysts expect that Advantage Energy 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.