NuVista Energy Ltd. (TSE:NVA) Senior Officer Christopher Mark Alessandro Legrow Sells 4,793 Shares

NuVista Energy Ltd. (TSE:NVA) Senior Officer Christopher Mark Alessandro Legrow sold 4,793 shares of the stock in a transaction on Thursday, June 5th. The stock was sold at an average price of C$14.19, for a total value of C$68,012.67.

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

• On Tuesday, May 27th, Christopher Mark Alessandro Legrow sold 10,000 shares of NuVista Energy stock. The stock was sold at an average price of C$13.85, for a total transaction of C$138,500.00.
• On Wednesday, May 21st, Christopher Mark Alessandro Legrow sold 4,674 shares of NuVista Energy stock. The shares were sold at an average price of C$13.66, for a total transaction of C$63,846.84.
• On Tuesday, May 20th, Christopher Mark Alessandro Legrow sold 5,000 shares of NuVista Energy stock. The stock was sold at an average price of C$13.85, for a total value of C$69,250.00.

NuVista Energy Stock Up 2.8%

Shares of TSE NVA traded up C$0.41 during trading hours on Monday, hitting C$14.98. The stock had a trading volume of 872,540 shares, compared to its average volume of 864,240. The company has a market capitalization of C$3.07 billion, a P/E ratio of 10.47, a P/E/G ratio of 0.59 and a beta of 2.57. NuVista Energy Ltd. has a 52 week low of C$10.34 and a 52 week high of C$15.12. The firm’s 50-day moving average price is C$12.75 and its two-hundred day moving average price is C$12.94. The company has a debt-to-equity ratio of 14.11, a quick ratio of 0.78 and a current ratio of 0.87.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on NVA shares. Raymond James cut their price target on NuVista Energy from C$18.00 to C$17.00 in a research note on Wednesday, April 9th. Cormark raised shares of NuVista Energy to a “strong-buy” rating in a research report on Friday, March 7th. Desjardins upgraded NuVista Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 12th. CIBC lowered their price objective on NuVista Energy from C$19.50 to C$18.00 in a report on Thursday, April 10th. Finally, Atb Cap Markets upgraded NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 25th. Two analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$17.28.

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.