Alvopetro Energy Ltd. (OTCMKTS:ALVOF – Get Free Report) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 4,200 shares, an increase of 23.5% from the May 31st total of 3,400 shares. Based on an average trading volume of 42,400 shares, the days-to-cover ratio is currently 0.1 days.
Alvopetro Energy Stock Down 1.7 %
ALVOF stock opened at $3.38 on Tuesday. The stock’s 50 day simple moving average is $3.54 and its 200 day simple moving average is $4.01. The company has a market cap of $123.77 million, a P/E ratio of 6.15 and a beta of 0.21. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.65 and a current ratio of 2.65. Alvopetro Energy has a fifty-two week low of $2.85 and a fifty-two week high of $8.07.
Alvopetro Energy (OTCMKTS:ALVOF – Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter. Alvopetro Energy had a net margin of 39.18% and a return on equity of 33.00%. The business had revenue of $11.75 million during the quarter.
Alvopetro Energy Announces Dividend
Alvopetro Energy Company Profile
Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons. It 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.
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