Alvopetro Energy Ltd. (OTCMKTS:ALVOF – Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 4,400 shares, an increase of 214.3% from the February 29th total of 1,400 shares. Based on an average trading volume of 30,000 shares, the days-to-cover ratio is currently 0.1 days.
Alvopetro Energy Stock Performance
ALVOF opened at $3.02 on Friday. The company has a market cap of $110.59 million, a PE ratio of 3.04 and a beta of 0.37. The stock has a 50-day moving average of $4.19 and a 200-day moving average of $5.15. Alvopetro Energy has a 52-week low of $2.93 and a 52-week high of $8.07. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.02 and a current ratio of 2.02.
Alvopetro Energy (OTCMKTS:ALVOF – Get Free Report) last announced its earnings results on Tuesday, March 19th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. Alvopetro Energy had a return on equity of 42.00% and a net margin of 47.79%. The firm had revenue of $15.30 million during the quarter.
Alvopetro Energy Cuts Dividend
Alvopetro Energy Company Profile
Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons. It holds interests in the Caburé and Murucututu natural gas assets; two exploration assets comprising Blocks 182 and the western portion of Block 183; and two oil fields, Bom Lugar and Mãe-da-lua, which include 22,166 acres in the Recôncavo basin onshore Brazil.
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