Alvopetro Energy (CVE:ALV) Director Sells C$12,360.00 in Stock

Alvopetro Energy Ltd. (CVE:ALV) Director Firoz Karmali Talakshi sold 1,500 shares of the stock in a transaction that occurred on Monday, May 25th. The stock was sold at an average price of C$8.24, for a total transaction of C$12,360.00. Following the sale, the director directly owned 6,800 shares of the company’s stock, valued at approximately C$56,032. This trade represents a 18.07% decrease in their position.

Firoz Karmali Talakshi also recently made the following trade(s):

• On Monday, May 25th, Firoz Karmali Talakshi sold 1,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.27, for a total transaction of C$8,270.00.
• On Friday, May 22nd, Firoz Karmali Talakshi sold 1,200 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.35, for a total transaction of C$10,020.00.

Alvopetro Energy Trading Down 2.5%

ALV traded down C$0.21 on Monday, reaching C$8.10. 38,795 shares of the company’s stock were exchanged, compared to its average volume of 53,244. The company’s 50 day moving average is C$8.80 and its 200-day moving average is C$7.58. The company has a market cap of C$300.30 million, a price-to-earnings ratio of 12.27 and a beta of -0.62. Alvopetro Energy Ltd. has a twelve month low of C$5.65 and a twelve month high of C$10.54. The company has a debt-to-equity ratio of 26.18, a quick ratio of 1.95 and a current ratio of 1.68.

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