Insider Selling: Alvopetro Energy (CVE:ALV) Insider Sells C$45,000.00 in Stock

Alvopetro Energy Ltd. (CVE:ALVGet Free Report) insider Adrian Audet sold 5,000 shares of the company’s stock in a transaction on Friday, June 19th. The stock was sold at an average price of C$9.00, for a total value of C$45,000.00. Following the completion of the sale, the insider owned 134,179 shares of the company’s stock, valued at C$1,207,611. This represents a 3.59% decrease in their ownership of the stock.

Adrian Audet also recently made the following trade(s):

  • On Tuesday, June 16th, Adrian Audet sold 2,500 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.96, for a total value of C$22,400.00.
  • On Tuesday, June 16th, Adrian Audet sold 3,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.97, for a total value of C$26,910.00.
  • On Thursday, June 18th, Adrian Audet sold 3,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.67, for a total value of C$26,010.00.
  • On Thursday, June 18th, Adrian Audet sold 2,500 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.76, for a total value of C$21,900.00.
  • On Thursday, June 18th, Adrian Audet sold 2,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.59, for a total transaction of C$17,180.00.
  • On Thursday, June 18th, Adrian Audet sold 1,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.60, for a total transaction of C$8,600.00.
  • On Monday, April 13th, Adrian Audet sold 200 shares of Alvopetro Energy stock. The stock was sold at an average price of C$9.14, for a total transaction of C$1,828.00.

Alvopetro Energy Trading Down 2.9%

CVE ALV opened at C$8.94 on Tuesday. Alvopetro Energy Ltd. has a one year low of C$5.65 and a one year high of C$10.54. The company has a debt-to-equity ratio of 26.18, a quick ratio of 1.95 and a current ratio of 1.68. The company has a market capitalization of C$331.44 million, a price-to-earnings ratio of 13.55 and a beta of -0.64. The company’s 50-day simple moving average is C$8.61 and its two-hundred day simple moving average is C$7.95.

About Alvopetro Energy

(Get Free Report)

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. Alvopetro Energy Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.

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