Alvopetro Energy (CVE:ALV) Director Firoz Karmali Talakshi Sells 3,000 Shares

Alvopetro Energy Ltd. (CVE:ALV) Director Firoz Karmali Talakshi sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$8.20, for a total value of C$24,600.00. Following the transaction, the director owned 2,800 shares of the company’s stock, valued at C$22,960. This trade represents a 51.72% decrease in their ownership of the stock.

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

• On Monday, May 25th, Firoz Karmali Talakshi sold 1,500 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.24, for a total value of C$12,360.00.
• On Monday, May 25th, Firoz Karmali Talakshi sold 1,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.27, for a total value of C$8,270.00.
• On Friday, May 22nd, Firoz Karmali Talakshi sold 1,200 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.35, for a total value of C$10,020.00.

Alvopetro Energy Stock Performance

Shares of Alvopetro Energy stock opened at C$8.31 on Wednesday. The business has a 50-day moving average of C$8.80 and a 200 day moving average of C$7.60. Alvopetro Energy Ltd. has a 12 month low of C$5.65 and a 12 month high of C$10.54. The stock has a market capitalization of C$308.08 million, a price-to-earnings ratio of 12.59 and a beta of -0.62. The company has a debt-to-equity ratio of 26.18, a current ratio of 1.68 and a quick ratio of 1.95.

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.