Alvopetro Energy Ltd. (ALVOF) To Go Ex-Dividend on December 31st

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) declared a quarterly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.09 per share on Wednesday, January 15th. This represents a $0.36 dividend on an annualized basis and a yield of 10.18%. The ex-dividend date is Tuesday, December 31st.

Alvopetro Energy Price Performance

Shares of ALVOF stock traded up $0.04 during trading hours on Thursday, hitting $3.54. 4,326 shares of the company’s stock were exchanged, compared to its average volume of 19,813. The business’s 50 day simple moving average is $3.47 and its 200-day simple moving average is $3.55. Alvopetro Energy has a 12-month low of $2.85 and a 12-month high of $5.19. The company has a market capitalization of $129.31 million, a PE ratio of 9.07 and a beta of 0.14. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.08.

About Alvopetro Energy

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.