Alvopetro Energy Ltd. (OTCMKTS:ALVOF - Get Free Report) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 51,300 shares, a decrease of 49.3% from the December 31st total of 101,200 shares. Based on an average daily volume of 20,400 shares, the short-interest ratio is currently 2.5 days.
Alvopetro Energy Stock Down 0.9 %
Shares of Alvopetro Energy stock traded down $0.03 during trading hours on Wednesday, reaching $3.45. 34,389 shares of the company's stock were exchanged, compared to its average volume of 11,155. Alvopetro Energy has a fifty-two week low of $2.85 and a fifty-two week high of $4.98. The stock has a market cap of $125.73 million, a P/E ratio of 8.84 and a beta of 0.09. The company has a 50 day moving average of $3.50 and a two-hundred day moving average of $3.59. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.08.
Alvopetro Energy (OTCMKTS:ALVOF - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.19 earnings per share for the quarter. Alvopetro Energy had a net margin of 29.06% and a return on equity of 27.00%. The firm had revenue of $12.88 million for the quarter.
Alvopetro Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.36 dividend on an annualized basis and a yield of 10.44%. Alvopetro Energy's dividend payout ratio (DPR) is 92.31%.
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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