Advantage Energy Ltd. (OTCMKTS:AAVVF) Short Interest Update

Advantage Energy Ltd. (OTCMKTS:AAVVF) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,543,300 shares, a growth of 14.4% from the October 15th total of 2,223,800 shares. Based on an average trading volume of 55,800 shares, the days-to-cover ratio is presently 45.6 days.

Advantage Energy Stock Down 5.4 %

AAVVF stock opened at $6.10 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 30.52 and a beta of 1.64. The business’s fifty day moving average price is $6.66 and its two-hundred day moving average price is $7.19. Advantage Energy has a fifty-two week low of $5.90 and a fifty-two week high of $8.58.

Advantage Energy (OTCMKTS:AAVVF) last posted its quarterly earnings data on Thursday, October 24th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). The firm had revenue of $106.19 million for the quarter, compared to the consensus estimate of $119.27 million. Advantage Energy had a return on equity of 2.88% and a net margin of 8.62%. On average, equities analysts anticipate that Advantage Energy will post 0.17 earnings per share for the current year.

Analyst Ratings Changes

Separately, National Bank Financial lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th.

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.