Insider Selling: Alvopetro Energy Ltd. (CVE:ALV) Senior Officer Sells 8,500 Shares of Stock

Alvopetro Energy Ltd. (CVE:ALV) Senior Officer Alison Leanne Howard sold 8,500 shares of the company’s stock in a transaction on Thursday, July 4th. The stock was sold at an average price of C$4.83, for a total value of C$41,055.00.

Alvopetro Energy Stock Up 9.9 %

Alvopetro Energy stock traded up C$0.46 during trading on Thursday, hitting C$5.13. 57,952 shares of the company were exchanged, compared to its average volume of 26,224. The business’s 50 day moving average is C$4.83 and its 200 day moving average is C$5.39. Alvopetro Energy Ltd. has a 52 week low of C$3.81 and a 52 week high of C$10.82. The company has a market capitalization of C$187.86 million, a P/E ratio of 4.79 and a beta of 0.51. The company has a current ratio of 2.02, a quick ratio of 1.95 and a debt-to-equity ratio of 9.84.

Alvopetro Energy (CVE:ALV) last announced its quarterly earnings results on Wednesday, May 8th. The company reported C$0.16 earnings per share (EPS) for the quarter. The business had revenue of C$15.84 million during the quarter. Alvopetro Energy had a return on equity of 34.66% and a net margin of 49.15%. Analysts predict that Alvopetro Energy Ltd. will post 1.3274559 earnings per share for the current year.

About Alvopetro Energy

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.