NuVista Energy Ltd. (TSE:NVA) Senior Officer Michael Lawford Sells 9,513 Shares

NuVista Energy Ltd. (TSE:NVA) Senior Officer Michael Lawford sold 9,513 shares of NuVista Energy stock in a transaction on Monday, November 18th. The shares were sold at an average price of C$13.00, for a total value of C$123,669.00.

Michael Lawford also recently made the following trade(s):

• On Tuesday, November 12th, Michael Lawford sold 17,348 shares of NuVista Energy stock. The shares were sold at an average price of C$12.57, for a total value of C$218,064.36.
• On Monday, October 7th, Michael Lawford sold 10,116 shares of NuVista Energy stock. The stock was sold at an average price of C$11.61, for a total transaction of C$117,446.76.

NuVista Energy Trading Up 2.9 %

TSE:NVA opened at C$13.39 on Thursday. 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 current ratio of 0.90, a quick ratio of 0.78 and a debt-to-equity ratio of 15.03. The firm’s 50 day moving average is C$11.51 and its 200 day moving average is C$12.65. The stock has a market capitalization of C$2.76 billion, a PE ratio of 8.32, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NVA. TD Securities cut their price objective on NuVista Energy from C$17.00 to C$16.00 in a report on Tuesday, October 1st. Jefferies Financial Group cut their price target on shares of NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating on the stock in a research report on Monday, September 16th. National Bank Financial upgraded shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. Cormark upgraded shares of NuVista Energy to a “strong-buy” rating in a report on Monday, September 23rd. Finally, National Bankshares raised NuVista Energy from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$14.50 to C$16.00 in a research report on Monday, November 11th. Eight research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price 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.