NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$135,000.00 in Stock

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

NuVista Energy Trading Down 0.1 %

NVA opened at C$13.50 on Friday. The stock has a market capitalization of C$2.78 billion, a P/E ratio of 8.39, a P/E/G ratio of 0.59 and a beta of 2.57. The firm’s fifty day simple moving average is C$11.71 and its 200 day simple moving average is C$12.69. NuVista Energy Ltd. has a 12 month low of C$9.59 and a 12 month high of C$14.86. 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

Several research firms have recently issued reports on NVA. TD Securities decreased their target price on NuVista Energy from C$17.00 to C$16.00 in a research report on Tuesday, October 1st. National Bank Financial raised shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. Jefferies Financial Group cut their target price on shares of NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating on the stock in a report on Monday, September 16th. Cormark upgraded shares of NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. Finally, National Bankshares upgraded NuVista Energy from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$14.50 to C$16.00 in a report on Monday, November 11th. Eight investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, NuVista Energy has a consensus 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.