NuVista Energy Ltd. (TSE:NVA) Director Sells C$284,000.00 in Stock

NuVista Energy Ltd. (TSE:NVA) Director Keith A.J. Macphail sold 20,000 shares of the business’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of C$14.20, for a total transaction of C$284,000.00.

Keith A.J. Macphail also recently made the following trade(s):

• On Tuesday, May 14th, Keith A.J. Macphail sold 50,000 shares of NuVista Energy stock. The stock was sold at an average price of C$12.77, for a total transaction of C$638,500.00.

NuVista Energy Stock Down 2.9 %

NVA opened at C$13.96 on Friday. The stock has a market cap of C$2.88 billion, a price-to-earnings ratio of 9.56, a PEG ratio of 0.59 and a beta of 2.83. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 15.87. The company’s 50-day moving average price is C$13.32 and its two-hundred day moving average price is C$12.03. NuVista Energy Ltd. has a twelve month low of C$9.59 and a twelve month high of C$14.57.

NuVista Energy (TSE:NVA) last announced its quarterly earnings results on Tuesday, May 7th. The company reported C$0.17 EPS for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.14). The business had revenue of C$309.02 million for the quarter, compared to analysts’ expectations of C$276.00 million. NuVista Energy had a net margin of 26.88% and a return on equity of 15.57%. As a group, equities analysts expect that NuVista Energy Ltd. will post 1.3395253 earnings per share for the current year.

Wall Street Analysts Forecast Growth

NVA has been the topic of several analyst reports. Desjardins cut their price target on shares of NuVista Energy from C$15.00 to C$14.75 and set a “buy” rating on the stock in a report on Friday, March 22nd. CIBC boosted their price target on shares of NuVista Energy from C$15.50 to C$16.50 and gave the stock an “outperform” rating in a report on Monday, April 22nd. TD Securities boosted their price target on shares of NuVista Energy from C$15.00 to C$17.00 and gave the stock a “buy” rating in a report on Friday, June 14th. National Bankshares boosted their price target on shares of NuVista Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a report on Friday, April 19th. Finally, BMO Capital Markets boosted their price target on shares of NuVista Energy from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a report on Wednesday, June 26th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$15.42.

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.