Alvopetro Energy (CVE:ALV) Stock Price Up 0.2% – What’s Next?

Shares of Alvopetro Energy Ltd. (CVE:ALV) were up 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 traded 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 Trading Up 0.2 %

The company has a market cap of C$129.50 million, a P/E ratio of 9.46 and a beta of 0.59. The company has a quick ratio of 1.95, a current ratio of 2.10 and a debt-to-equity ratio of 9.27. The business has a fifty 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.