Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) Senior Officer Adrian Audet sold 4,000 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of C$6.50, for a total value of C$26,000.00.
Alvopetro Energy Trading Down 4.4%
Shares of Alvopetro Energy stock traded down C$0.29 on Wednesday, hitting C$6.26. The stock had a trading volume of 20,682 shares, compared to its average volume of 19,465. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 9.27. Alvopetro Energy Ltd. has a one year low of C$4.24 and a one year high of C$7.49. The stock's 50-day simple moving average is C$5.77 and its two-hundred day simple moving average is C$5.24. The stock has a market cap of C$158.64 million, a price-to-earnings ratio of 11.59 and a beta of 0.59.
Alvopetro Energy Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 6.39%. Alvopetro Energy's dividend payout ratio (DPR) is presently 90.68%.
Alvopetro Energy Company Profile
(
Get Free Report)
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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