Ryan Daniel Paulgaard Sells 10,000 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Ryan Daniel Paulgaard sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of C$15.46, for a total transaction of C$154,600.00.

Ryan Daniel Paulgaard also recently made the following trade(s):

• On Wednesday, May 28th, Ryan Daniel Paulgaard sold 95 shares of NuVista Energy stock. The stock was sold at an average price of C$14.12, for a total transaction of C$1,341.40.
• On Wednesday, May 28th, Ryan Daniel Paulgaard sold 1,500 shares of NuVista Energy stock. The stock was sold at an average price of C$14.12, for a total transaction of C$21,180.00.
• On Monday, May 26th, Ryan Daniel Paulgaard sold 5,682 shares of NuVista Energy stock. The shares were sold at an average price of C$14.02, for a total value of C$79,661.64.
• On Wednesday, May 21st, Ryan Daniel Paulgaard sold 5,197 shares of NuVista Energy stock. The shares were sold at an average price of C$14.13, for a total value of C$73,433.61.
• On Friday, May 16th, Ryan Daniel Paulgaard sold 10,000 shares of NuVista Energy stock. The stock was sold at an average price of C$13.75, for a total value of C$137,500.00.

NuVista Energy Price Performance

Shares of TSE:NVA remained flat at C$15.44 during midday trading on Monday. 1,393,171 shares of the company traded hands, compared to its average volume of 892,999. The firm has a market capitalization of C$3.16 billion, a P/E ratio of 10.80, a P/E/G ratio of 0.59 and a beta of 2.57. NuVista Energy Ltd. has a twelve month low of C$10.34 and a twelve month high of C$15.98. The business has a 50 day moving average of C$13.05 and a 200-day moving average of C$13.00. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 14.11.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NVA. Raymond James dropped their target price on NuVista Energy from C$18.00 to C$17.00 in a research report on Wednesday, April 9th. Desjardins upgraded shares of NuVista Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, May 12th. Cormark raised shares of NuVista Energy to a “strong-buy” rating in a research report on Friday, March 7th. Atb Cap Markets raised shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 25th. Finally, CIBC cut their price target on shares of NuVista Energy from C$19.50 to C$18.00 in a research report on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently 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.