Shares of Alvopetro Energy Ltd. (OTCMKTS:ALVOF - Get Free Report) traded up 0.2% during mid-day trading on Monday . The stock traded as high as $3.91 and last traded at $3.90. 38,520 shares were traded during mid-day trading, an increase of 108% from the average session volume of 18,496 shares. The stock had previously closed at $3.89.
Alvopetro Energy Stock Performance
The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.10 and a current ratio of 2.10. The firm's 50 day moving average is $3.56 and its 200-day moving average is $3.50. The firm has a market cap of $153.16 million, a price-to-earnings ratio of 10.79 and a beta of 0.01.
Alvopetro Energy (OTCMKTS:ALVOF - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). The business had revenue of $14.01 million during the quarter, compared to analyst estimates of $18.94 million. Alvopetro Energy had a net margin of 29.06% and a return on equity of 27.00%.
Alvopetro Energy Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 9.51%. The ex-dividend date was Monday, March 31st. Alvopetro Energy's dividend payout ratio is 85.11%.
About Alvopetro Energy
(
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.
Featured Articles
Before you consider Alvopetro Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alvopetro Energy wasn't on the list.
While Alvopetro Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
