John David Wright Sells 10,000 Shares of Alvopetro Energy Ltd. (CVE:ALV) Stock

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 10,000 shares of the stock in a transaction that occurred on Wednesday, June 12th. The stock was 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 shares were 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 Price Performance

Alvopetro Energy stock traded down C$0.04 during trading hours on Wednesday, hitting C$4.76. 27,688 shares of the stock were exchanged, compared to its average volume of 26,680. The stock has a market capitalization of C$174.31 million, a P/E ratio of 4.62 and a beta of 0.51. The business’s 50-day moving average is C$4.88 and its two-hundred day moving average is C$5.65. The company has a debt-to-equity ratio of 9.84, a quick ratio of 1.95 and a current ratio of 2.02. Alvopetro Energy Ltd. has a 12 month low of C$3.81 and a 12 month high of C$10.82.

Alvopetro Energy (CVE:ALV) last announced 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 business had revenue of C$15.84 million for the quarter. Equities research analysts expect that Alvopetro Energy Ltd. will post 1.3274559 EPS for the current fiscal 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.