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 business’s stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of C$6.00, for a total value 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 stock was sold at an average price of C$5.96, for a total value of C$59,593.00.

Alvopetro Energy Stock Down 1.3%

CVE ALV opened at C$5.92 on Friday. The stock’s 50 day moving average is C$5.17 and its 200 day moving average is C$4.99. 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$6.04. The stock has a market cap of C$150.02 million, a PE ratio of 10.96 and a beta of 0.59.

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.