Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report) was down 0.4% during mid-day trading on Monday . The stock traded as low as $7.57 and last traded at $7.68. Approximately 14,889 shares traded hands during trading, a decline of 61% from the average daily volume of 37,988 shares. The stock had previously closed at $7.71.
Analysts Set New Price Targets
A number of brokerages have commented on AAVVF. Scotiabank reaffirmed a “buy” rating and set a $17.00 target price on shares of Advantage Energy in a report on Thursday, March 7th. CIBC upped their price objective on Advantage Energy from $9.75 to $10.50 and gave the stock a “neutral” rating in a research note on Tuesday, March 5th.
View Our Latest Report on Advantage Energy
Advantage Energy Stock Performance
Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last announced its quarterly earnings data on Tuesday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $108.09 million during the quarter. Advantage Energy had a net margin of 19.39% and a return on equity of 6.54%.
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.
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