Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report) shares rose 2.5% during mid-day trading on Thursday . The company traded as high as $7.31 and last traded at $7.31. Approximately 156,327 shares traded hands during mid-day trading, an increase of 310% from the average daily volume of 38,159 shares. The stock had previously closed at $7.13.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on AAVVF. Scotiabank reiterated a “buy” rating and set a $17.00 price target on shares of Advantage Energy in a report on Thursday, March 7th. CIBC raised their price target on shares of Advantage Energy from $9.75 to $10.50 and gave the stock a “neutral” rating in a research report on Tuesday, March 5th.
Get Our Latest Analysis on Advantage Energy
Advantage Energy Price Performance
Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last released its quarterly earnings results on Tuesday, March 5th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.05. The company 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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