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

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 10,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of C$8.47, for a total transaction of C$84,700.00. Following the sale, the director owned 63,367 shares of the company’s stock, valued at approximately C$536,718.49. The trade was a 13.63% decrease in their position.

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

• On Friday, May 15th, John David Wright sold 5,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.60, for a total transaction of C$43,000.00.
• On Friday, May 15th, John David Wright sold 700 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.60, for a total transaction of C$6,020.00.
• On Wednesday, April 15th, John David Wright sold 8,500 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.54, for a total transaction of C$72,590.00.
• On Wednesday, April 15th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.58, for a total transaction of C$85,800.00.
• On Thursday, April 16th, John David Wright sold 2,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.53, for a total transaction of C$17,060.00.
• On Thursday, April 16th, John David Wright sold 100 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.55, for a total transaction of C$855.00.
• On Thursday, April 16th, John David Wright sold 300 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.55, for a total transaction of C$2,565.00.

Alvopetro Energy Stock Performance

ALV stock traded up C$0.15 during trading on Friday, hitting C$8.59. 78,400 shares of the company’s stock traded hands, compared to its average volume of 53,619. The company has a quick ratio of 1.95, a current ratio of 1.68 and a debt-to-equity ratio of 26.18. Alvopetro Energy Ltd. has a 52 week low of C$5.65 and a 52 week high of C$10.54. The stock has a fifty day moving average price of C$8.77 and a two-hundred day moving average price of C$7.49. The stock has a market capitalization of C$315.53 million, a price-to-earnings ratio of 13.02 and a beta of -0.62.

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. Alvopetro Energy Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.