NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$117,446.76 in Stock

by · The Cerbat Gem

NuVista Energy Ltd. (TSE:NVA – Get Free Report) Senior Officer Michael Lawford sold 10,116 shares of NuVista Energy stock in a transaction on Monday, October 7th. The shares were sold at an average price of C$11.61, for a total transaction of C$117,446.76.

NuVista Energy Trading Up 0.7 %

TSE NVA opened at C$11.25 on Thursday. The company has a 50-day moving average of C$12.19 and a 200-day moving average of C$12.74. The company has a market cap of C$2.32 billion, a P/E ratio of 6.99, a P/E/G ratio of 0.59 and a beta of 2.61. NuVista Energy Ltd. has a 12 month low of C$9.59 and a 12 month high of C$14.86. The company has a debt-to-equity ratio of 15.03, a current ratio of 0.90 and a quick ratio of 0.78.

NuVista Energy (TSE:NVA – Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported C$0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.35 by C$0.18. The firm had revenue of C$323.35 million during the quarter, compared to the consensus estimate of C$312.00 million. NuVista Energy had a net margin of 28.29% and a return on equity of 16.18%. As a group, equities analysts predict that NuVista Energy Ltd. will post 1.0234302 earnings per share for the current year.

Wall Street Analysts Forecast Growth

NVA has been the topic of a number of recent research reports. National Bankshares cut their target price on shares of NuVista Energy from C$15.00 to C$14.50 in a report on Friday, September 27th. Scotiabank boosted their price objective on shares of NuVista Energy from C$15.00 to C$16.00 in a research note on Friday, July 12th. Cormark raised shares of NuVista Energy to a “strong-buy” rating in a research note on Monday, September 23rd. CIBC boosted their price objective on shares of NuVista Energy from C$16.50 to C$20.00 in a research note on Monday, July 15th. Finally, TD Securities dropped their price objective on shares of NuVista Energy from C$17.00 to C$16.00 in a research note on Tuesday, October 1st. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$15.78.

Get Our Latest Report on NVA

NuVista Energy Company Profile

(Get Free Report)

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.

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