NuVista Energy Ltd. (OTCMKTS:NUVSF) Receives Average Recommendation of “Hold” from Brokerages

NuVista Energy Ltd. (OTCMKTS:NUVSF) has received an average recommendation of “Hold” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company.

Several equities analysts recently commented on NUVSF shares. Scotiabank reaffirmed a “sector perform” rating on shares of NuVista Energy in a research report on Wednesday, January 21st. TD Securities lowered shares of NuVista Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, November 5th.

NuVista Energy Price Performance

Shares of OTCMKTS NUVSF opened at $13.90 on Wednesday. The business has a 50-day simple moving average of $13.34 and a two-hundred day simple moving average of $12.19. NuVista Energy has a fifty-two week low of $7.38 and a fifty-two week high of $13.90.

About NuVista Energy

NuVista Energy Ltd. (OTCMKTS: NUVSF) is a Calgary-based independent oil and gas exploration and production company focused on the development of conventional and unconventional natural gas, natural gas liquids and light oil. The company’s primary operations are located within the Western Canadian Sedimentary Basin, where it concentrates on advancing its asset base in the Montney formation of northeastern British Columbia.

NuVista’s technical approach emphasizes condensate-rich and liquids-rich gas plays, utilizing multi-stage drilling and completion techniques to enhance well productivity.