Alvopetro Energy (CVE:ALV) Director Sells C$84,700.00 in Stock

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 10,000 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of C$8.47, for a total transaction of C$84,700.00. Following the transaction, the director directly owned 63,367 shares in the company, valued at approximately C$536,718.49. The trade was a 13.63% decrease in their ownership of the stock.

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

• On Friday, May 15th, John David Wright sold 5,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.60, for a total transaction of C$43,000.00.
• On Friday, May 15th, John David Wright sold 700 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.60, for a total transaction of C$6,020.00.
• On Wednesday, April 15th, John David Wright sold 8,500 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.54, for a total transaction of C$72,590.00.
• On Wednesday, April 15th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.58, for a total transaction of C$85,800.00.
• On Thursday, April 16th, John David Wright sold 2,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.53, for a total transaction of C$17,060.00.
• On Thursday, April 16th, John David Wright sold 100 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.55, for a total transaction of C$855.00.
• On Thursday, April 16th, John David Wright sold 300 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.55, for a total transaction of C$2,565.00.

Alvopetro Energy Stock Up 1.8%

Shares of CVE:ALV traded up C$0.15 during midday trading on Friday, reaching C$8.59. The company had a trading volume of 78,400 shares, compared to its average volume of 53,619. The company has a debt-to-equity ratio of 26.18, a current ratio of 1.68 and a quick ratio of 1.95. The stock’s fifty day moving average price is C$8.77 and its 200-day moving average price is C$7.49. The stock has a market capitalization of C$315.53 million, a P/E ratio of 13.02 and a beta of -0.62. Alvopetro Energy Ltd. has a one year low of C$5.65 and a one year high of C$10.54.

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.