Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright Sells 60,000 Shares

Alvopetro Energy Ltd. (CVE:ALV) Director John David Wright sold 60,000 shares of the company’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of C$4.09, for a total value of C$245,298.00.

John David Wright also recently made the following trade(s):

• On Friday, March 22nd, John David Wright sold 90,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$4.15, for a total transaction of C$373,770.00.

Alvopetro Energy Price Performance

Shares of CVE:ALV opened at C$4.08 on Thursday. The firm’s 50 day simple moving average is C$5.69 and its two-hundred day simple moving average is C$6.99. The company has a debt-to-equity ratio of 9.78, a current ratio of 1.71 and a quick ratio of 1.95. The company has a market capitalization of C$149.33 million, a P/E ratio of 3.43 and a beta of 0.62. Alvopetro Energy Ltd. has a 1-year low of C$3.96 and a 1-year high of C$10.82.

About Alvopetro Energy

Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons. It holds interests in the Caburé and Murucututu natural gas assets; two exploration assets comprising Blocks 182 and the western portion of Block 183; and two oil fields, Bom Lugar and Mãe-da-lua, which include 22,166 acres in the Recôncavo basin onshore Brazil.