NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$57,645.20 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Ivan J. Condic sold 4,220 shares of the firm’s stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of C$13.66, for a total transaction of C$57,645.20.

Ivan J. Condic also recently made the following trade(s):

• On Thursday, March 27th, Ivan J. Condic sold 2,227 shares of NuVista Energy stock. The stock was sold at an average price of C$13.60, for a total transaction of C$30,287.20.

NuVista Energy Stock Up 2.0%

NVA stock opened at C$13.98 on Friday. The firm has a market cap of C$2.86 billion, a PE ratio of 9.78, a P/E/G ratio of 0.59 and a beta of 2.57. The company has a debt-to-equity ratio of 14.11, a quick ratio of 0.78 and a current ratio of 0.87. The firm’s fifty day moving average is C$12.58 and its 200 day moving average is C$12.82. NuVista Energy Ltd. has a one year low of C$10.34 and a one year high of C$14.86.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NVA. Atb Cap Markets raised shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 25th. Raymond James reduced their target price on shares of NuVista Energy from C$18.00 to C$17.00 in a report on Wednesday, April 9th. Cormark raised shares of NuVista Energy to a “strong-buy” rating in a report on Friday, March 7th. CIBC reduced their target price on shares of NuVista Energy from C$19.50 to C$18.00 in a report on Thursday, April 10th. Finally, Desjardins raised shares of 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 issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus 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.