NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$30,287.20 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Ivan J. Condic sold 2,227 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of C$13.60, for a total transaction of C$30,287.20.

NuVista Energy Price Performance

NVA opened at C$14.00 on Thursday. The company has a debt-to-equity ratio of 14.11, a current ratio of 0.87 and a quick ratio of 0.78. NuVista Energy Ltd. has a 1 year low of C$10.34 and a 1 year high of C$14.86. The stock’s 50 day simple moving average is C$12.64 and its 200 day simple moving average is C$12.52. The firm has a market cap of C$2.87 billion, a price-to-earnings ratio of 9.79, a PEG ratio of 0.59 and a beta of 2.57.

Analysts Set New Price Targets

NVA has been the topic of a number of research analyst reports. Atb Cap Markets raised shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 25th. National Bankshares downgraded NuVista Energy from an “outperform” rating to a “sector perform” rating and set a C$16.00 price target on the stock. in a research report on Thursday, December 19th. Jefferies Financial Group upped their price objective on NuVista Energy from C$14.00 to C$19.00 in a report on Monday, December 16th. CIBC raised their price objective on NuVista Energy from C$18.00 to C$19.50 in a report on Friday, January 17th. Finally, Scotiabank upped their target price on NuVista Energy from C$16.00 to C$17.00 in a research note on Friday, January 17th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$17.54.

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.