John David Wright Sells 7,100 Shares of Alvopetro Energy Ltd. (CVE:ALV) Stock

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 7,100 shares of the business’s stock in a transaction that occurred on Wednesday, June 19th. The shares were sold at an average price of C$4.49, for a total value of C$31,905.98.

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

• On Monday, June 17th, John David Wright sold 6,900 shares of Alvopetro Energy stock. The stock was sold at an average price of C$4.46, for a total transaction of C$30,758.82.
• On Friday, June 14th, John David Wright sold 2,200 shares of Alvopetro Energy stock. The shares were 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 value of C$47,960.00.
• On Monday, June 10th, John David Wright sold 8,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$4.81, for a total value of C$38,480.00.
• On Friday, June 7th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$4.78, for a total value of C$47,800.00.
• On Tuesday, March 26th, John David Wright sold 60,000 shares of Alvopetro Energy stock. The stock was 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 Stock Performance

ALV opened at C$4.43 on Friday. Alvopetro Energy Ltd. has a twelve month low of C$3.81 and a twelve month high of C$10.82. The firm has a market capitalization of C$162.23 million, a PE ratio of 4.26 and a beta of 0.51. The company has a current ratio of 2.02, a quick ratio of 1.95 and a debt-to-equity ratio of 9.84. The firm’s 50-day moving average price is C$4.85 and its 200 day moving average price is C$5.54.

Alvopetro Energy (CVE:ALV) last released its earnings results on Wednesday, May 8th. The company reported C$0.16 earnings per share for the quarter. The business had revenue of C$15.84 million for the quarter. Alvopetro Energy had a net margin of 49.15% and a return on equity of 34.66%. As a group, sell-side analysts expect that Alvopetro Energy Ltd. will post 1.3274559 EPS for the current fiscal year.

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.