Insider Selling: Alvopetro Energy Ltd. (CVE:ALV) Director Sells C$59,593.00 in Stock

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 10,000 shares of the business’s stock in a transaction on Friday, May 16th. 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 ALV stock opened at C$5.97 on Monday. The firm has a market capitalization of C$151.29 million, a PE ratio of 11.05 and a beta of 0.59. The firm has a fifty day simple moving average of C$5.06 and a two-hundred day simple moving average of C$4.96. The company has a current ratio of 2.10, a quick ratio of 1.95 and a debt-to-equity ratio of 9.27. Alvopetro Energy Ltd. has a 12 month low of C$4.24 and a 12 month high of C$5.99.

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.