Advantage Energy (OTCMKTS:AAVVF) Rating Lowered to Hold at National Bank Financial

Advantage Energy (OTCMKTS:AAVVF) was downgraded by equities researchers at National Bank Financial from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday, Zacks.com reports.

Advantage Energy Trading Down 1.7 %

OTCMKTS AAVVF opened at $6.66 on Tuesday. The business has a 50 day simple moving average of $6.85 and a 200 day simple moving average of $7.39. Advantage Energy has a one year low of $5.90 and a one year high of $8.58. The stock has a market capitalization of $1.11 billion, a P/E ratio of 15.85 and a beta of 1.61. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.76 and a quick ratio of 0.76.

Advantage Energy (OTCMKTS:AAVVF) last released its earnings results on Thursday, July 25th. The company reported ($0.05) EPS for the quarter. Advantage Energy had a return on equity of 5.13% and a net margin of 15.40%. The business had revenue of $73.57 million for the quarter.

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.