Insider Selling: Alvopetro Energy (CVE:ALV) Insider Sells 3,000 Shares of Stock

Alvopetro Energy Ltd. (CVE:ALV) insider Adrian Audet sold 3,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of C$8.67, for a total transaction of C$26,010.00. Following the completion of the sale, the insider owned 150,679 shares of the company’s stock, valued at approximately C$1,306,386.93. This trade represents a 1.95% decrease in their position.

Adrian Audet also recently made the following trade(s):

• On Tuesday, June 16th, Adrian Audet sold 2,500 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.96, for a total value of C$22,400.00.
• On Tuesday, June 16th, Adrian Audet sold 3,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.97, for a total value of C$26,910.00.
• On Thursday, June 18th, Adrian Audet sold 2,500 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.76, for a total value of C$21,900.00.
• On Thursday, June 18th, Adrian Audet sold 2,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.59, for a total value of C$17,180.00.
• On Thursday, June 18th, Adrian Audet sold 1,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.60, for a total value of C$8,600.00.
• On Monday, April 13th, Adrian Audet sold 200 shares of Alvopetro Energy stock. The stock was sold at an average price of C$9.14, for a total value of C$1,828.00.

Alvopetro Energy Stock Performance

CVE:ALV traded up C$0.30 during trading on Friday, reaching C$9.09. The company’s stock had a trading volume of 21,934 shares, compared to its average volume of 51,974. Alvopetro Energy Ltd. has a 12 month low of C$5.65 and a 12 month high of C$10.54. The firm has a market cap of C$337.00 million, a price-to-earnings ratio of 13.77 and a beta of -0.64. The firm has a 50 day moving average of C$8.60 and a 200-day moving average of C$7.91. The company has a debt-to-equity ratio of 26.18, a quick ratio of 1.95 and a current ratio of 1.68.

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. Alvopetro Energy Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.