Alvopetro Energy (OTCMKTS:ALVOF) Trading Down 0.2% – Time to Sell?

Alvopetro Energy Ltd. (OTCMKTS:ALVOF)’s share price traded down 0.2% on Thursday . The company traded as low as $4.33 and last traded at $4.44. 10,451 shares were traded during mid-day trading, a decline of 32% from the average session volume of 15,330 shares. The stock had previously closed at $4.45.

Alvopetro Energy Stock Down 0.2%

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.63 and a current ratio of 1.63. The company has a market capitalization of $162.50 million, a price-to-earnings ratio of 9.45 and a beta of 0.07. The firm’s 50-day simple moving average is $4.32 and its 200-day simple moving average is $3.77.

Alvopetro Energy (OTCMKTS:ALVOF) last released its earnings results on Wednesday, May 7th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). Alvopetro Energy had a net margin of 37.29% and a return on equity of 21.24%. The company had revenue of $14.01 million during the quarter, compared to the consensus estimate of $18.94 million.

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.