Alvopetro Energy (OTCMKTS:ALVOF) Releases Earnings Results

Alvopetro Energy (OTCMKTS:ALVOF) issued its quarterly earnings data on Tuesday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. Alvopetro Energy had a net margin of 29.06% and a return on equity of 27.00%.

Alvopetro Energy Trading Up 0.9 %

Alvopetro Energy stock traded up $0.03 during trading on Tuesday, hitting $3.23. The company had a trading volume of 38,442 shares, compared to its average volume of 19,954. The stock has a market cap of $117.70 million, a price-to-earnings ratio of 8.28 and a beta of 0.09. 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 has a 1-year low of $2.85 and a 1-year high of $4.11. The company’s 50 day simple moving average is $3.46 and its 200-day simple moving average is $3.54.

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.