Alvopetro Energy Ltd. (CVE:ALV) Director Sells C$47,960.00 in Stock

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of C$4.80, for a total value of C$47,960.00.

John David Wright also recently made the following trade(s):

• On Monday, June 10th, John David Wright sold 8,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$4.81, for a total value of C$38,480.00.
• On Friday, June 7th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$4.78, for a total value of C$47,800.00.
• On Tuesday, March 26th, John David Wright sold 60,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$4.09, for a total transaction of C$245,298.00.
• On Friday, March 22nd, John David Wright sold 90,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$4.15, for a total transaction of C$373,770.00.

Alvopetro Energy Stock Performance

CVE ALV traded down C$0.04 on Wednesday, hitting C$4.76. The stock had a trading volume of 27,688 shares, compared to its average volume of 26,680. The company’s 50-day moving average is C$4.88 and its two-hundred day moving average is C$5.65. The stock has a market cap of C$174.31 million, a price-to-earnings ratio of 4.62 and a beta of 0.51. The company has a quick ratio of 1.95, a current ratio of 2.02 and a debt-to-equity ratio of 9.84. Alvopetro Energy Ltd. has a one year low of C$3.81 and a one year high of C$10.82.

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

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.