Alvopetro Energy (CVE:ALV) Director Corey Christopher Ruttan Sells 10,200 Shares of Stock

Alvopetro Energy Ltd. (CVE:ALVGet Free Report) Director Corey Christopher Ruttan sold 10,200 shares of Alvopetro Energy stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of C$9.91, for a total transaction of C$101,082.00. Following the completion of the transaction, the director directly owned 928,583 shares of the company’s stock, valued at approximately C$9,202,257.53. This trade represents a 1.09% decrease in their position.

Corey Christopher Ruttan also recently made the following trade(s):

  • On Tuesday, August 11th, Corey Christopher Ruttan sold 14,900 shares of Alvopetro Energy stock. The shares were sold at an average price of C$9.90, for a total value of C$147,510.00.
  • On Thursday, August 13th, Corey Christopher Ruttan sold 15,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$9.90, for a total transaction of C$148,500.00.

Alvopetro Energy Stock Performance

Shares of ALV stock traded up C$0.23 during midday trading on Friday, hitting C$10.16. 52,854 shares of the company were exchanged, compared to its average volume of 50,307. Alvopetro Energy Ltd. has a 52 week low of C$5.67 and a 52 week high of C$10.54. The firm has a market capitalization of C$379.05 million, a P/E ratio of 13.73 and a beta of -0.73. The firm’s 50 day moving average price is C$9.25 and its two-hundred day moving average price is C$8.70. The company has a debt-to-equity ratio of 24.57, a quick ratio of 1.95 and a current ratio of 1.47.

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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