Alvopetro Energy Ltd. (CVE:ALV) Director Sells C$29,979.00 in Stock

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 5,000 shares of the firm’s stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of C$6.00, for a total transaction of C$29,979.00.

John David Wright also recently made the following trade(s):

• On Friday, May 16th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$5.96, for a total transaction of C$59,593.00.

Alvopetro Energy Stock Performance

Shares of CVE:ALV traded up C$0.04 on Tuesday, hitting C$6.01. 50,466 shares of the company were exchanged, compared to its average volume of 17,657. The company’s 50 day moving average price is C$5.09 and its two-hundred day moving average price is C$4.97. The firm has a market capitalization of C$152.30 million, a price-to-earnings ratio of 11.12 and a beta of 0.59. The company has a debt-to-equity ratio of 9.27, a quick ratio of 1.95 and a current ratio of 2.10. Alvopetro Energy Ltd. has a one year low of C$4.24 and a one year high of C$6.02.

Alvopetro Energy Company Profile

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.