Insider Selling: NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$403,776.36 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Joshua Thomas Truba sold 28,759 shares of NuVista Energy stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of C$14.04, for a total transaction of C$403,776.36.

Joshua Thomas Truba also recently made the following trade(s):

• On Friday, November 15th, Joshua Thomas Truba sold 21,600 shares of NuVista Energy stock. The shares were sold at an average price of C$13.11, for a total transaction of C$283,176.00.

NuVista Energy Trading Down 0.8 %

TSE NVA traded down C$0.12 on Friday, hitting C$14.03. The company’s stock had a trading volume of 684,096 shares, compared to its average volume of 675,162. The company’s 50-day simple moving average is C$13.08 and its 200 day simple moving average is C$12.75. The firm has a market cap of C$2.89 billion, a P/E ratio of 8.71, a PEG ratio of 0.59 and a beta of 2.57. The company has a current ratio of 0.90, a quick ratio of 0.78 and a debt-to-equity ratio of 15.03. NuVista Energy Ltd. has a 52-week low of C$9.59 and a 52-week high of C$14.86.

Analyst Upgrades and Downgrades

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