NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$71,500.00 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Christopher Mark Alessandro Legrow sold 5,000 shares of the company’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of C$14.30, for a total value of C$71,500.00.

Christopher Mark Alessandro Legrow also recently made the following trade(s):

• On Friday, January 3rd, Christopher Mark Alessandro Legrow sold 15,000 shares of NuVista Energy stock. The stock was sold at an average price of C$13.87, for a total value of C$208,050.00.
• On Thursday, November 21st, Christopher Mark Alessandro Legrow sold 24,107 shares of NuVista Energy stock. The stock was sold at an average price of C$13.11, for a total value of C$316,042.77.

NuVista Energy Trading Down 0.8 %

TSE NVA opened at C$14.03 on Friday. 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 1-year low of C$9.59 and a 1-year high of C$14.86. The firm’s fifty day simple moving average is C$13.08 and its 200-day simple moving average is C$12.75. The company has a market capitalization of C$2.89 billion, a PE ratio of 8.71, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Cormark raised NuVista Energy to a “strong-buy” rating in a research note on Monday, September 23rd. 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. TD Securities reduced their price target on shares of NuVista Energy from C$17.00 to C$16.00 in a research report on Tuesday, October 1st. BMO Capital Markets boosted their target price on shares of NuVista Energy from C$18.00 to C$19.00 in a research note on Friday, December 13th. Finally, National Bankshares cut NuVista Energy from an “outperform” rating to a “sector perform” rating and set a C$16.00 target price for the company. in a research report on Thursday, December 19th. Two 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, the stock has an average rating of “Moderate Buy” and an average target price 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.