Advantage Energy (AAVVF) Set to Announce Quarterly Earnings on Thursday

Advantage Energy (OTCMKTS:AAVVF) is scheduled to announce its earnings results on Thursday, April 25th.

Advantage Energy (OTCMKTS:AAVVF) last posted its earnings results on Tuesday, March 5th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Advantage Energy had a return on equity of 6.54% and a net margin of 19.39%. The business had revenue of $108.09 million for the quarter.

Advantage Energy Stock Up 0.5 %

AAVVF opened at $7.72 on Wednesday. The business’s 50-day simple moving average is $7.34 and its 200-day simple moving average is $6.98. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.25 and a current ratio of 1.25. Advantage Energy has a one year low of $4.91 and a one year high of $8.11. The stock has a market capitalization of $1.24 billion, a P/E ratio of 17.16 and a beta of 1.73.

Wall Street Analyst Weigh In

A number of analysts have recently commented on AAVVF shares. Scotiabank reiterated a “buy” rating and set a $17.00 target price on shares of Advantage Energy in a research report on Thursday, March 7th. CIBC boosted their price target on Advantage Energy from $9.75 to $10.50 and gave the company a “neutral” rating in a research report on Tuesday, March 5th.

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.