Michael Lawford Purchases 2,010 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA - Get Free Report) Senior Officer Michael Lawford purchased 2,010 shares of NuVista Energy stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of C$12.29 per share, with a total value of C$24,702.90.

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

• On Monday, November 18th, Michael Lawford sold 9,513 shares of NuVista Energy stock. The stock was sold at an average price of C$13.00, for a total transaction of C$123,669.00.
• 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 transaction of C$218,064.36.
• On Monday, October 7th, Michael Lawford sold 10,116 shares of NuVista Energy stock. The stock was sold at an average price of C$11.61, for a total value of C$117,446.76.

NuVista Energy Stock Performance

TSE NVA traded up C$0.07 on Friday, reaching C$12.33. 708,729 shares of the company's stock traded hands, compared to its average volume of 642,768. The stock has a 50 day moving average price of C$12.32 and a 200-day moving average price of C$12.73. The firm has a market cap of C$2.54 billion, a price-to-earnings ratio of 7.66, 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. NuVista Energy Ltd. has a fifty-two week low of C$9.59 and a fifty-two week high of C$14.86.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on NVA shares. National Bank Financial downgraded NuVista Energy from a "strong-buy" rating to a "hold" rating in a research note on Wednesday. Jefferies Financial Group boosted their price target on NuVista Energy from C$14.00 to C$19.00 in a research note on Monday. TD Securities decreased their price objective on shares of 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 note on Monday, September 23rd. Finally, BMO Capital Markets upped their price target on shares of NuVista Energy from C$18.00 to C$19.00 in a research note on Friday, December 13th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$16.64.

About NuVista Energy

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.