NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$503,527.65 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Jonathan Andrew Wright sold 37,437 shares of NuVista Energy stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of C$13.45, for a total transaction of C$503,527.65.

NuVista Energy Stock Down 0.9 %

Shares of TSE NVA opened at C$13.37 on Monday. The stock has a market capitalization of C$2.76 billion, a price-to-earnings ratio of 8.30, a P/E/G ratio of 0.59 and a beta of 2.57. NuVista Energy Ltd. has a 12-month low of C$9.59 and a 12-month high of C$14.86. The company has a current ratio of 0.90, a quick ratio of 0.78 and a debt-to-equity ratio of 15.03. The firm’s 50-day moving average price is C$11.97 and its 200-day moving average price is C$12.72.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Cormark raised NuVista Energy to a “strong-buy” rating in a research note on Monday, September 23rd. National Bank Financial upgraded shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. TD Securities dropped their target price on shares of NuVista Energy from C$17.00 to C$16.00 in a research report on Tuesday, October 1st. National Bankshares upgraded shares of NuVista Energy from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$14.50 to C$16.00 in a report on Monday, November 11th. Finally, Jefferies Financial Group decreased their price target on shares of NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating on the stock in a research note on Monday, September 16th. Eight investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$15.97.

About NuVista Energy

NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.