Key Points
- Director Firoz Karmali Talakshi sold shares of Alvopetro Energy, including 1,200 shares on May 22 for C$10,020 at C$8.35 per share.
- Talakshi also made additional sales on May 25, disposing of 1,500 shares for C$12,360 and 1,000 shares for C$8,270, further reducing insider ownership.
- After the May 22 transaction, the director’s stake fell by 10% to 10,800 shares, while Alvopetro stock was trading near C$8.10, below its 50-day moving average of C$8.80.
Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) Director Firoz Karmali Talakshi sold 1,200 shares of the company's stock in a transaction on Friday, May 22nd. The stock was sold at an average price of C$8.35, for a total value of C$10,020.00. Following the transaction, the director owned 10,800 shares in the company, valued at C$90,180. This trade represents a 10.00% decrease in their ownership of the stock.
Firoz Karmali Talakshi also recently made the following trade(s):
- On Monday, May 25th, Firoz Karmali Talakshi sold 1,500 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.24, for a total value of C$12,360.00.
- On Monday, May 25th, Firoz Karmali Talakshi sold 1,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.27, for a total value of C$8,270.00.
Alvopetro Energy Price Performance
ALV stock opened at C$8.10 on Tuesday. The business's fifty day moving average price is C$8.80 and its 200 day moving average price is C$7.58. Alvopetro Energy Ltd. has a 12-month low of C$5.65 and a 12-month high of C$10.54. The company has a current ratio of 1.68, a quick ratio of 1.95 and a debt-to-equity ratio of 26.18. The company has a market capitalization of C$300.30 million, a PE ratio of 12.27 and a beta of -0.62.
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. Alvopetro Energy Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.
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