Alvopetro Energy Ltd. (CVE:ALV – Get Free Report)’s stock price rose 0.2% during mid-day trading on Thursday . The stock traded as high as C$5.18 and last traded at C$5.11. Approximately 31,275 shares changed hands during trading, an increase of 63% from the average daily volume of 19,168 shares. The stock had previously closed at C$5.10.
Alvopetro Energy Price Performance
The company has a fifty day simple moving average of C$4.90 and a 200 day simple moving average of C$4.95. The stock has a market capitalization of C$130.51 million, a price-to-earnings ratio of 9.53 and a beta of 0.59. The company has a debt-to-equity ratio of 9.27, a quick ratio of 1.95 and a current ratio of 2.10.
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.
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