Insider Selling: NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells 10,000 Shares of Stock

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

NuVista Energy Stock Up 0.4 %

Shares of TSE:NVA opened at C$13.51 on Thursday. The company has a debt-to-equity ratio of 15.03, a current ratio of 0.90 and a quick ratio of 0.78. The firm has a market capitalization of C$2.78 billion, a PE ratio of 8.39, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57. The firm’s 50-day moving average is C$11.71 and its two-hundred day moving average is C$12.69. NuVista Energy Ltd. has a 1 year low of C$9.59 and a 1 year high of C$14.86.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on NVA shares. Cormark raised shares of NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. Jefferies Financial Group decreased their price target on 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 NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. TD Securities dropped their price target on shares of NuVista Energy from C$17.00 to C$16.00 in a research report on Tuesday, October 1st. Finally, National Bankshares raised shares of NuVista Energy from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from C$14.50 to C$16.00 in a research note on Monday, November 11th. Eight analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, NuVista Energy currently has a consensus rating of “Buy” and a consensus price target 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.