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

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of C$8.60, for a total value of C$86,000.00. Following the completion of the transaction, the director owned 23,367 shares in the company, valued at C$200,956.20. The trade was a 29.97% decrease in their position.

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

• On Wednesday, May 27th, John David Wright sold 488 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.29, for a total transaction of C$4,045.52.
• On Thursday, May 28th, John David Wright sold 100 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.29, for a total transaction of C$829.00.
• On Tuesday, May 26th, John David Wright sold 7,037 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.33, for a total transaction of C$58,618.21.
• On Tuesday, May 26th, John David Wright sold 1,600 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.29, for a total transaction of C$13,264.00.
• 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 stock was sold at an average price of C$8.60, for a total transaction of C$6,020.00.
• On Friday, May 15th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.47, for a total transaction of C$84,700.00.
• On Wednesday, April 15th, John David Wright sold 8,500 shares of Alvopetro Energy stock. The stock was 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 stock was 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 stock was sold at an average price of C$8.53, for a total transaction of C$17,060.00.

Alvopetro Energy Stock Performance

Shares of CVE:ALV traded down C$0.05 on Thursday, hitting C$8.75. 10,881 shares of the company were exchanged, compared to its average volume of 51,846. The company has a current ratio of 1.68, a quick ratio of 1.95 and a debt-to-equity ratio of 26.18. The stock’s 50 day moving average price is C$8.77 and its 200 day moving average price is C$7.69. Alvopetro Energy Ltd. has a 1-year low of C$5.65 and a 1-year high of C$10.54. The firm has a market capitalization of C$324.40 million, a P/E ratio of 13.26 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.