Alvopetro Energy Ltd. (CVE:ALV) Director Corey Christopher Ruttan Sells 9,000 Shares

Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) Director Corey Christopher Ruttan sold 9,000 shares of the business's stock in a transaction on Friday, June 27th. The shares were sold at an average price of C$6.57, for a total transaction of C$59,130.00.

Corey Christopher Ruttan also recently made the following trade(s):

• On Thursday, June 26th, Corey Christopher Ruttan sold 2,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$6.57, for a total transaction of C$13,140.00.
• On Friday, June 20th, Corey Christopher Ruttan sold 400 shares of Alvopetro Energy stock. The stock was sold at an average price of C$7.00, for a total transaction of C$2,800.00.

Alvopetro Energy Stock Down 3.5%

Shares of CVE ALV traded down C$0.23 during mid-day trading on Tuesday, hitting C$6.25. The company had a trading volume of 13,792 shares, compared to its average volume of 19,367. The company has a current ratio of 2.10, a quick ratio of 1.95 and a debt-to-equity ratio of 9.27. The firm has a 50-day simple moving average of C$5.88 and a two-hundred day simple moving average of C$5.28. The company has a market capitalization of C$158.39 million, a PE ratio of 11.57 and a beta of 0.59. Alvopetro Energy Ltd. has a one year low of C$4.24 and a one year high of C$7.49.

Alvopetro Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 6.40%. Alvopetro Energy's dividend payout ratio is presently 90.68%.

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.