Insider Selling: Alvopetro Energy Ltd. (CVE:ALV) Director Sells 6,900 Shares of Stock

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 6,900 shares of the stock in a transaction dated Monday, June 17th. The stock was sold at an average price of C$4.46, for a total transaction of C$30,758.82.

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

• On Friday, June 14th, John David Wright sold 2,200 shares of Alvopetro Energy stock. The stock was sold at an average price of C$4.50, for a total transaction of C$9,901.98.
• On Wednesday, June 12th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$4.80, for a total transaction of C$47,960.00.
• On Monday, June 10th, John David Wright sold 8,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$4.81, for a total transaction of C$38,480.00.
• On Friday, June 7th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$4.78, for a total transaction of C$47,800.00.
• On Tuesday, March 26th, John David Wright sold 60,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$4.09, for a total transaction of C$245,298.00.
• On Friday, March 22nd, John David Wright sold 90,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$4.15, for a total transaction of C$373,770.00.

Alvopetro Energy Trading Down 1.1 %

CVE ALV traded down C$0.05 during trading hours on Monday, reaching C$4.41. The company’s stock had a trading volume of 16,117 shares, compared to its average volume of 26,590. The stock has a market cap of C$161.49 million, a P/E ratio of 4.24 and a beta of 0.51. Alvopetro Energy Ltd. has a 52 week low of C$3.81 and a 52 week high of C$10.82. The company has a debt-to-equity ratio of 9.84, a current ratio of 2.02 and a quick ratio of 1.95. The firm has a fifty day simple moving average of C$4.89 and a 200-day simple moving average of C$5.59.

Alvopetro Energy (CVE:ALV) last announced its quarterly earnings data on Wednesday, May 8th. The company reported C$0.16 EPS for the quarter. The company had revenue of C$15.84 million during the quarter. Alvopetro Energy had a net margin of 49.15% and a return on equity of 34.66%. Equities analysts forecast that Alvopetro Energy Ltd. will post 1.3274559 earnings per share for the current fiscal year.

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.