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

NuVista Energy Ltd. (TSE:NVA) Senior Officer Michael Lawford acquired 2,010 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was purchased 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 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 Trading Up 0.6 %

Shares of NuVista Energy stock opened at C$12.33 on Monday. The firm has a market capitalization of C$2.54 billion, a PE 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. The firm’s 50 day moving average is C$12.32 and its 200 day moving average is C$12.73. NuVista Energy Ltd. has a 1 year low of C$9.59 and a 1 year high of C$14.86.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. National Bank Financial cut shares of 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 price objective for the company. in a research note on Thursday. Cormark upgraded shares of NuVista Energy to a “strong-buy” rating in a research note on Monday, September 23rd. TD Securities dropped their price objective on shares of NuVista Energy from C$17.00 to C$16.00 in a research note on Tuesday, October 1st. Finally, Jefferies Financial Group lifted their price objective on shares of NuVista Energy from C$14.00 to C$19.00 in a research note on Monday, December 16th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.