Firoz Karmali Talakshi Sells 1,200 Shares of Alvopetro Energy (CVE:ALV) Stock

Alvopetro Energy Ltd. (CVE:ALV) Director Firoz Karmali Talakshi sold 1,200 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of C$8.35, for a total transaction of C$10,020.00. Following the sale, the director directly owned 10,800 shares in the company, valued at C$90,180. This trade represents a 10.00% decrease in their ownership of the stock.

Alvopetro Energy Price Performance

Shares of ALV traded down C$0.17 during mid-day trading on Monday, hitting C$8.14. 30,639 shares of the company traded hands, compared to its average volume of 53,109. Alvopetro Energy Ltd. has a one year low of C$5.65 and a one year high of C$10.54. 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 business has a 50-day moving average of C$8.80 and a 200 day moving average of C$7.57. The stock has a market capitalization of C$301.78 million, a price-to-earnings ratio of 12.33 and a beta of -0.62.

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.