Alvopetro Energy Ltd. (CVE:ALV – Get Free Report) shares shot up 0.2% during mid-day trading on Thursday . The company traded as high as C$5.18 and last traded at C$5.11. 31,275 shares changed hands during mid-day trading, an increase of 63% from the average session volume of 19,168 shares. The stock had previously closed at C$5.10.
Alvopetro Energy Price Performance
The company has a current ratio of 2.10, a quick ratio of 1.95 and a debt-to-equity ratio of 9.27. The company has a market capitalization of C$129.50 million, a P/E ratio of 9.46 and a beta of 0.59. The company has a 50 day moving average price of C$4.91 and a 200 day moving average price of C$4.95.
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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