NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$1,280,103.50 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Jonathan Andrew Wright sold 88,283 shares of the firm’s stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of C$14.50, for a total transaction of C$1,280,103.50.

Jonathan Andrew Wright also recently made the following trade(s):

• On Wednesday, May 21st, Jonathan Andrew Wright sold 12,369 shares of NuVista Energy stock. The shares were sold at an average price of C$13.66, for a total transaction of C$168,960.54.

NuVista Energy Stock Performance

NVA stock opened at C$15.24 on Wednesday. The business’s 50-day moving average price is C$12.82 and its two-hundred day moving average price is C$12.96. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 14.11. The firm has a market cap of C$3.12 billion, a PE ratio of 10.66, a P/E/G ratio of 0.59 and a beta of 2.57. NuVista Energy Ltd. has a 1-year low of C$10.34 and a 1-year high of C$15.49.

Wall Street Analysts Forecast Growth

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

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.