Advantage Energy (OTCMKTS:AAVVF) Shares Gap Down – What’s Next?

Advantage Energy Ltd. (OTCMKTS:AAVVF)’s share 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 traded.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Advantage Energy in a research report on Thursday, December 11th. Zacks Research raised shares of Advantage Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, December 12th. National Bank Financial raised shares of Advantage Energy from a “sector perform” rating to an “outperform” rating in a research report on Friday. Raymond James Financial upgraded shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 8th. Finally, ATB Cormark Capital Markets lowered shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Advantage Energy Stock Down 2.4%

The business has a fifty day moving average price of $8.25 and a two-hundred day moving average price of $8.25. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.37. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 30.68 and a beta of 0.99.

Advantage Energy Company Profile

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.