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 dated Wednesday, November 27th. The stock was sold at an average price of C$13.50, for a total transaction of C$135,000.00.

NuVista Energy Stock Down 0.1 %

TSE:NVA traded down C$0.01 during trading hours on Wednesday, hitting C$13.44. 311,317 shares of the stock traded hands, compared to its average volume of 625,393. The firm has a market cap of C$2.77 billion, a price-to-earnings ratio of 8.35, a PEG ratio of 0.59 and a beta of 2.57. The firm has a 50 day moving average price of C$11.67 and a 200 day moving average price of C$12.68. The company has a current ratio of 0.90, a quick ratio of 0.78 and a debt-to-equity ratio of 15.03. NuVista Energy Ltd. has a fifty-two week low of C$9.59 and a fifty-two week high of C$14.86.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Cormark raised shares of NuVista Energy to a “strong-buy” rating in a report on Monday, September 23rd. National Bankshares raised shares of NuVista Energy from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$14.50 to C$16.00 in a research note on Monday, November 11th. Jefferies Financial Group lowered 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 research note on Monday, September 16th. 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. Finally, TD Securities lowered their price objective on shares of NuVista Energy from C$17.00 to C$16.00 in a research note on Tuesday, October 1st. Eight analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$15.97.

About NuVista Energy

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.