Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$6.04 and last traded at C$6.04, with a volume of 20027 shares changing hands. The stock had previously closed at C$5.97.
Alvopetro Energy Trading Up 0.2%
The business has a 50-day simple moving average of C$5.48 and a 200-day simple moving average of C$5.12. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 9.27. The company has a market cap of C$154.84 million, a PE ratio of 11.31 and a beta of 0.59.
Insider Activity
In related news, Director John David Wright sold 5,000 shares of the stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of C$6.00, for a total value of C$29,979.00. Over the last three months, insiders have sold 26,800 shares of company stock worth $159,973. Corporate insiders own 19.35% of the company's stock.
About Alvopetro Energy
(
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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.
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