Alvopetro Energy Ltd. (CVE:ALV – Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as C$8.21 and last traded at C$7.95, with a volume of 35578 shares trading hands. The stock had previously closed at C$7.92.
Alvopetro Energy Stock Performance
The business has a 50 day moving average price of C$6.76 and a 200 day moving average price of C$6.46. The stock has a market cap of C$287.61 million, a P/E ratio of 15.06 and a beta of -0.65. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 9.27.
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. Alvopetro Energy Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.
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