Advantage Oil & Gas (OTCMKTS:AAVVF) Shares Down 5.4%

Advantage Oil & Gas Ltd. (OTCMKTS:AAVVF)’s share price dropped 5.4% during trading on Monday . The stock traded as low as $1.24 and last traded at $1.24. Approximately 3,748 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 60,065 shares. The stock had previously closed at $1.31.

AAVVF has been the subject of several analyst reports. BMO Capital Markets reissued a “hold” rating on shares of Advantage Oil & Gas in a research note on Friday, March 1st. ValuEngine downgraded Advantage Oil & Gas from a “hold” rating to a “sell” rating in a research note on Wednesday, May 1st. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. Advantage Oil & Gas presently has a consensus rating of “Hold”.

The company has a market capitalization of $232.31 million, a PE ratio of 8.88 and a beta of 1.12. The firm has a 50 day moving average of $1.39. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.22.

About Advantage Oil & Gas (OTCMKTS:AAVVF)

Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces natural gas and liquids in the Province of Alberta, Canada. The company focuses on the development and production of its Montney natural gas and liquids resource that includes 200 net sections of land in Glacier, Wembley, and Valhalla, Alberta.

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