Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report)’s stock price hit a new 52-week high on Friday . The company traded as high as $8.13 and last traded at $7.97, with a volume of 16289 shares. The stock had previously closed at $7.72.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on AAVVF. Scotiabank reissued a “buy” rating and set a $17.00 target price on shares of Advantage Energy in a report on Thursday, March 7th. CIBC increased their price objective on shares of Advantage Energy from $9.75 to $10.50 and gave the stock a “neutral” rating in a report on Tuesday, March 5th.
Check Out Our Latest Analysis on Advantage Energy
Advantage Energy Stock Performance
Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last released its earnings results on Tuesday, March 5th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.13 by $0.05. Advantage Energy had a net margin of 19.39% and a return on equity of 6.54%. The firm had revenue of $108.09 million for the quarter.
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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