NuVista Energy Ltd. (TSE:NVA) Senior Officer Ivan J. Condic Sells 2,227 Shares of Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Ivan J. Condic sold 2,227 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of C$13.60, for a total transaction of C$30,287.20.

NuVista Energy Price Performance

Shares of NVA opened at C$13.60 on Tuesday. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 14.11. The stock has a market cap of C$2.78 billion, a PE ratio of 9.51, a PEG ratio of 0.59 and a beta of 2.57. NuVista Energy Ltd. has a 12-month low of C$10.34 and a 12-month high of C$14.86. The business has a 50-day simple moving average of C$12.63 and a two-hundred day simple moving average of C$12.50.

Analyst Ratings Changes

Several research firms recently issued reports on NVA. Cormark upgraded shares of NuVista Energy to a “strong-buy” rating in a research report on Friday, March 7th. Atb Cap Markets upgraded NuVista Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 25th. BMO Capital Markets boosted their price target on NuVista Energy from C$18.00 to C$19.00 in a report on Friday, December 13th. Scotiabank raised their price objective on NuVista Energy from C$16.00 to C$17.00 in a research note on Friday, January 17th. Finally, CIBC boosted their target price on NuVista Energy from C$18.00 to C$19.50 in a research note on Friday, January 17th. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, NuVista Energy has a consensus rating of “Moderate Buy” and a consensus price target of C$17.54.

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.