NuVista Energy Ltd. (TSE:NVA - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$12.65 and traded as high as C$12.97. NuVista Energy shares last traded at C$12.80, with a volume of 916,305 shares traded.
Analyst Ratings Changes
Several equities analysts recently weighed in on the stock. Jefferies Financial Group increased their price target on shares of NuVista Energy from C$14.00 to C$19.00 in a report on Monday, December 16th. CIBC upped their price objective on NuVista Energy from C$18.00 to C$19.50 in a research report on Friday, January 17th. BMO Capital Markets upped their price objective on NuVista Energy from C$18.00 to C$19.00 in a research report on Friday, December 13th. National Bank Financial lowered NuVista Energy from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 18th. Finally, National Bankshares lowered NuVista Energy from an "outperform" rating to a "sector perform" rating and set a C$16.00 price objective on the stock. in a research report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, NuVista Energy has an average rating of "Moderate Buy" and a consensus target price of C$16.97.
Get Our Latest Research Report on NVA
NuVista Energy Stock Down 1.6 %
The stock has a market cap of C$2.53 billion, a PE ratio of 8.66, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 14.11. The business has a 50-day moving average price of C$13.31 and a 200-day moving average price of C$12.63.
Insider Buying and Selling at NuVista Energy
In other NuVista Energy news, Senior Officer Christopher Mark Alessandro Legrow sold 24,107 shares of the firm's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of C$13.11, for a total value of C$316,042.77. Also, Senior Officer Kevin Garth Asman sold 10,000 shares of the firm's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of C$13.50, for a total value of C$135,000.00. In the last 90 days, insiders have sold 129,816 shares of company stock worth $1,761,566. Corporate insiders own 20.25% of the company's stock.
About NuVista Energy
(
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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.
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