NuVista Energy Ltd. (TSE:NVA) Senior Officer Acquires C$24,702.90 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Michael Lawford bought 2,010 shares of the business’s stock in a transaction on Friday, December 20th. The stock was purchased at an average price of C$12.29 per share, for a total transaction 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 stock was 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 transaction of C$117,446.76.

NuVista Energy Stock Up 0.6 %

NuVista Energy stock opened at C$12.33 on Monday. The company has a fifty day simple moving average of C$12.32 and a 200 day simple moving average of C$12.73. NuVista Energy Ltd. has a 1-year low of C$9.59 and a 1-year high of C$14.86. The company has a market cap of C$2.54 billion, a P/E ratio of 7.66, a price-to-earnings-growth 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. National Bankshares downgraded shares of NuVista Energy from an “outperform” rating to a “sector perform” rating and set a C$16.00 price objective for the company. in a research report on Thursday. National Bank Financial downgraded shares of NuVista Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. BMO Capital Markets increased their price objective on shares of NuVista Energy from C$18.00 to C$19.00 in a research report on Friday, December 13th. Cormark raised shares of NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. Finally, TD Securities lowered their price objective on shares of NuVista Energy from C$17.00 to C$16.00 in a research report on Tuesday, October 1st. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus 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.