NuVista Energy Ltd. (TSE:NVA) Senior Officer Kevin Garth Asman Sells 10,000 Shares

NuVista Energy Ltd. (TSE:NVA) Senior Officer Kevin Garth Asman sold 10,000 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of C$13.50, for a total value of C$135,000.00.

NuVista Energy Stock Performance

TSE:NVA traded down C$0.01 during mid-day trading on Wednesday, hitting C$13.44. 311,317 shares of the company’s stock traded hands, compared to its average volume of 625,393. The firm has a 50 day moving average of C$11.67 and a two-hundred day moving average of C$12.68. NuVista Energy Ltd. has a 12 month low of C$9.59 and a 12 month high of C$14.86. The firm has a market capitalization of C$2.77 billion, a price-to-earnings ratio of 8.35, 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

NVA has been the topic of a number of recent research reports. TD Securities lowered their target price on NuVista Energy from C$17.00 to C$16.00 in a research note on Tuesday, October 1st. National Bank Financial upgraded NuVista Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. National Bankshares upgraded NuVista Energy from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from C$14.50 to C$16.00 in a research note on Monday, November 11th. Cormark upgraded NuVista Energy to a “strong-buy” rating in a research note on Monday, September 23rd. Finally, Jefferies Financial Group decreased their price target on NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating for the company in a research note on Monday, September 16th. Eight research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$15.97.

NuVista Energy Company Profile

NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.