Alvopetro Energy (CVE:ALV) Director Sells C$24,600.00 in Stock

Alvopetro Energy Ltd. (CVE:ALV) Director Firoz Karmali Talakshi sold 3,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of C$8.20, for a total transaction of C$24,600.00. Following the sale, the director owned 2,800 shares in the company, valued at approximately C$22,960. The trade was a 51.72% decrease in their ownership of the stock.

Firoz Karmali Talakshi also recently made the following trade(s):

• On Monday, May 25th, Firoz Karmali Talakshi sold 1,500 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.24, for a total transaction of C$12,360.00.
• On Monday, May 25th, Firoz Karmali Talakshi sold 1,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.27, for a total transaction of C$8,270.00.
• On Friday, May 22nd, Firoz Karmali Talakshi sold 1,200 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.35, for a total transaction of C$10,020.00.

Alvopetro Energy Stock Down 0.1%

Shares of ALV stock opened at C$8.24 on Friday. The company has a current ratio of 1.68, a quick ratio of 1.95 and a debt-to-equity ratio of 26.18. Alvopetro Energy Ltd. has a 1 year low of C$5.65 and a 1 year high of C$10.54. The firm’s fifty day moving average price is C$8.80 and its two-hundred day moving average price is C$7.63. The firm has a market capitalization of C$305.49 million, a P/E ratio of 12.48 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.