Key Points
- Alvopetro Energy director Firoz Karmali Talakshi sold 3,000 shares on May 26 at an average price of C$8.20, worth about C$24,600. After the sale, he held 2,800 shares, a drop of 51.72% in his direct ownership.
- Talakshi also sold additional shares in multiple trades earlier in the week, including 1,500 shares on May 25, 1,000 shares on May 25, and 1,200 shares on May 22, signaling a series of recent insider sales.
- Alvopetro Energy’s stock opened at C$8.31 and the company currently has a market cap of about C$308 million, with shares trading below their 50-day moving average but above their 200-day moving average.
Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) Director Firoz Karmali Talakshi sold 3,000 shares of the business's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of C$8.20, for a total value of C$24,600.00. Following the transaction, the director directly owned 2,800 shares of the company's stock, valued at approximately C$22,960. This represents a 51.72% 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 stock was sold at an average price of C$8.27, for a total value of C$8,270.00.
- On Friday, May 22nd, Firoz Karmali Talakshi sold 1,200 shares of Alvopetro Energy stock. The stock was sold at an average price of C$8.35, for a total value of C$10,020.00.
Alvopetro Energy Price Performance
ALV stock opened at C$8.31 on Wednesday. The business has a 50 day moving average price of C$8.80 and a 200 day moving average price of C$7.60. The stock has a market cap of C$308.08 million, a price-to-earnings ratio of 12.59 and a beta of -0.62. Alvopetro Energy Ltd. has a fifty-two week low of C$5.65 and a fifty-two week high of C$10.54. The company has a quick ratio of 1.95, a current ratio of 1.68 and a debt-to-equity ratio of 26.18.
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. Alvopetro Energy Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.
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