Alvopetro Energy (CVE:ALV) Director Firoz Karmali Talakshi Sells 1,500 Shares

Alvopetro Energy Ltd. (CVE:ALVGet Free Report) Director Firoz Karmali Talakshi sold 1,500 shares of the stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of C$8.24, for a total transaction of C$12,360.00. Following the completion of the sale, the director directly owned 6,800 shares of the company’s stock, valued at C$56,032. This trade represents a 18.07% decrease in their position.

Firoz Karmali Talakshi also recently made the following trade(s):

  • On Monday, May 25th, Firoz Karmali Talakshi sold 1,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.27, for a total transaction of C$8,270.00.
  • On Friday, May 22nd, Firoz Karmali Talakshi sold 1,200 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.35, for a total transaction of C$10,020.00.

Alvopetro Energy Stock Down 2.5%

ALV traded down C$0.21 during trading hours on Monday, reaching C$8.10. 38,795 shares of the stock traded hands, compared to its average volume of 53,244. The firm’s fifty day simple moving average is C$8.80 and its two-hundred day simple moving average is C$7.58. The company has a market cap of C$300.30 million, a price-to-earnings ratio of 12.27 and a beta of -0.62. Alvopetro Energy Ltd. has a fifty-two week low of C$5.65 and a fifty-two week high of C$10.54. The company has a debt-to-equity ratio of 26.18, a current ratio of 1.68 and a quick ratio of 1.95.

Alvopetro Energy Company Profile

(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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