Alvopetro Energy Ltd. (CVE:ALV - Get Free Report)'s share price dropped 1.6% on Wednesday . The company traded as low as C$4.79 and last traded at C$4.87. Approximately 15,606 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 21,689 shares. The stock had previously closed at C$4.95.
Alvopetro Energy Price Performance
The company has a debt-to-equity ratio of 10.09, a current ratio of 2.38 and a quick ratio of 1.95. The business's fifty day moving average price is C$4.83 and its 200-day moving average price is C$4.87. The stock has a market capitalization of C$186.76 million, a price-to-earnings ratio of 10.85 and a beta of 0.59.
Alvopetro Energy (CVE:ALV - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.26 EPS for the quarter. The business had revenue of C$17.57 million during the quarter. Alvopetro Energy had a return on equity of 15.42% and a net margin of 27.45%. On average, research analysts forecast that Alvopetro Energy Ltd. will post 1.3498695 EPS for the current year.
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.
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