Alvopetro Energy (OTCMKTS:ALVOF) Releases Quarterly Earnings Results

Alvopetro Energy (OTCMKTS:ALVOF) posted its quarterly earnings data on Tuesday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. Alvopetro Energy had a return on equity of 27.00% and a net margin of 29.06%.

Alvopetro Energy Trading Up 0.9 %

Shares of ALVOF stock traded up $0.03 on Tuesday, hitting $3.23. The stock had a trading volume of 38,442 shares, compared to its average volume of 19,954. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.10 and a quick ratio of 2.10. The firm has a market capitalization of $117.70 million, a P/E ratio of 8.28 and a beta of 0.09. Alvopetro Energy has a 1 year low of $2.85 and a 1 year high of $4.11. The company’s 50 day moving average price is $3.46 and its 200-day moving average price is $3.54.

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.