Insider Selling: NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells 15,000 Shares of Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Christopher Mark Alessandro Legrow sold 15,000 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of C$13.87, for a total transaction of C$208,050.00.

Christopher Mark Alessandro Legrow also recently made the following trade(s):

• On Thursday, November 21st, Christopher Mark Alessandro Legrow sold 24,107 shares of NuVista Energy stock. The stock was sold at an average price of C$13.11, for a total transaction of C$316,042.77.

NuVista Energy Trading Up 0.3 %

Shares of NVA traded up C$0.04 on Monday, hitting C$13.94. 573,953 shares of the stock traded hands, compared to its average volume of 641,633. NuVista Energy Ltd. has a 1 year low of C$9.59 and a 1 year high of C$14.86. The stock’s 50 day moving average is C$12.82 and its two-hundred day moving average is C$12.74. The firm has a market capitalization of C$2.87 billion, a P/E ratio of 8.66, a P/E/G ratio of 0.59 and a beta of 2.57. The company has a quick ratio of 0.78, a current ratio of 0.90 and a debt-to-equity ratio of 15.03.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on NVA. National Bankshares downgraded shares of NuVista Energy from an “outperform” rating to a “sector perform” rating and set a C$16.00 price target for the company. in a research report on Thursday, December 19th. TD Securities dropped their price target on NuVista Energy from C$17.00 to C$16.00 in a research report on Tuesday, October 1st. Cormark upgraded shares of NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. BMO Capital Markets raised their target price on shares of NuVista Energy from C$18.00 to C$19.00 in a report on Friday, December 13th. Finally, National Bank Financial downgraded shares of NuVista Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, NuVista Energy has an average rating of “Moderate Buy” and an average target price of C$16.64.

NuVista Energy Company Profile

NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen.