Kevin Garth Asman Sells 10,000 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Kevin Garth Asman sold 10,000 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of C$13.50, for a total transaction of C$135,000.00.

NuVista Energy Price Performance

NuVista Energy stock opened at C$13.50 on Friday. The business’s 50-day simple moving average is C$11.71 and its 200 day simple moving average is C$12.69. The company has a quick ratio of 0.78, a current ratio of 0.90 and a debt-to-equity ratio of 15.03. The stock has a market cap of C$2.78 billion, a price-to-earnings ratio of 8.39, a P/E/G ratio of 0.59 and a beta of 2.57. NuVista Energy Ltd. has a 12-month low of C$9.59 and a 12-month high of C$14.86.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. National Bankshares upgraded shares of NuVista Energy from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from C$14.50 to C$16.00 in a research report on Monday, November 11th. National Bank Financial upgraded NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. Cormark upgraded NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. TD Securities decreased their target price on NuVista Energy from C$17.00 to C$16.00 in a report on Tuesday, October 1st. Finally, Jefferies Financial Group cut their price target on NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating for the company in a report on Monday, September 16th. Eight 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.com, the company presently has a consensus 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.