Christopher Mark Alessandro Legrow Sells 5,000 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Christopher Mark Alessandro Legrow sold 5,000 shares of NuVista Energy stock in a transaction on Friday, January 10th. The stock was sold at an average price of C$14.30, for a total value of C$71,500.00.

Christopher Mark Alessandro Legrow also recently made the following trade(s):

• On Friday, January 3rd, Christopher Mark Alessandro Legrow sold 15,000 shares of NuVista Energy stock. The shares were sold at an average price of C$13.87, for a total value of C$208,050.00.
• On Thursday, November 21st, Christopher Mark Alessandro Legrow sold 24,107 shares of NuVista Energy stock. The stock was sold at an average price of C$13.11, for a total transaction of C$316,042.77.

NuVista Energy Price Performance

TSE NVA traded down C$0.12 during trading hours on Friday, hitting C$14.03. The company had a trading volume of 684,096 shares, compared to its average volume of 675,162. NuVista Energy Ltd. has a 52 week low of C$9.59 and a 52 week high of C$14.86. The firm has a market capitalization of C$2.89 billion, a price-to-earnings ratio of 8.71, a PEG ratio of 0.59 and a beta of 2.57. The company has a debt-to-equity ratio of 15.03, a quick ratio of 0.78 and a current ratio of 0.90. The firm has a 50 day simple moving average of C$13.08 and a 200 day simple moving average of C$12.75.

Analysts Set New Price Targets

Several analysts have commented on the stock. BMO Capital Markets lifted their price objective on shares of NuVista Energy from C$18.00 to C$19.00 in a research report on Friday, December 13th. Cormark upgraded NuVista Energy to a “strong-buy” rating in a research note on Monday, September 23rd. TD Securities decreased their target price on NuVista Energy from C$17.00 to C$16.00 in a research report on Tuesday, October 1st. Jefferies Financial Group upped their price target on NuVista Energy from C$14.00 to C$19.00 in a research report on Monday, December 16th. Finally, National Bankshares lowered NuVista Energy from an “outperform” rating to a “sector perform” rating and set a C$16.00 price objective for the company. in a report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$16.64.

NuVista Energy Company Profile

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.