NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$316,042.77 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Christopher Mark Alessandro Legrow sold 24,107 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of C$13.11, for a total value of C$316,042.77.

NuVista Energy Trading Down 2.2 %

TSE:NVA opened at C$13.86 on Friday. NuVista Energy Ltd. has a 1 year low of C$9.59 and a 1 year high of C$14.86. The stock has a market cap of C$2.86 billion, a P/E ratio of 8.61, a P/E/G ratio of 0.59 and a beta of 2.57. The company has a debt-to-equity ratio of 15.03, a quick ratio of 0.78 and a current ratio of 0.90. The stock has a 50-day simple moving average of C$11.59 and a 200-day simple moving average of C$12.67.

Wall Street Analysts Forecast Growth

NVA has been the subject of several recent research reports. Cormark raised shares of 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 note on Friday, November 8th. National Bankshares upgraded NuVista Energy from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from C$14.50 to C$16.00 in a research note on Monday, November 11th. Jefferies Financial Group lowered their target price on NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating for the company in a research note on Monday, September 16th. Finally, TD Securities reduced their price target on NuVista Energy from C$17.00 to C$16.00 in a research report on Tuesday, October 1st. Eight investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$15.97.

NuVista Energy Company Profile

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.