NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$123,669.00 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Michael Lawford sold 9,513 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of C$13.00, for a total value of C$123,669.00.

Michael Lawford also recently made the following trade(s):

• On Tuesday, November 12th, Michael Lawford sold 17,348 shares of NuVista Energy stock. The shares were sold at an average price of C$12.57, for a total value of C$218,064.36.
• On Monday, October 7th, Michael Lawford sold 10,116 shares of NuVista Energy stock. The shares were sold at an average price of C$11.61, for a total value of C$117,446.76.

NuVista Energy Stock Up 2.9 %

NVA stock opened at C$13.39 on Thursday. NuVista Energy Ltd. has a fifty-two week low of C$9.59 and a fifty-two week high of C$14.86. The company has a debt-to-equity ratio of 15.03, a current ratio of 0.90 and a quick ratio of 0.78. The stock has a market capitalization of C$2.76 billion, a price-to-earnings ratio of 8.32, a PEG ratio of 0.59 and a beta of 2.57. The business’s fifty day moving average price is C$11.51 and its two-hundred day moving average price is C$12.65.

Analyst Upgrades and Downgrades

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