Ryan Daniel Paulgaard Sells 5,073 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Ryan Daniel Paulgaard sold 5,073 shares of the firm’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of C$13.26, for a total transaction of C$67,267.98.

NuVista Energy Stock Down 1.3 %

NVA stock opened at C$13.28 on Monday. The company has a market cap of C$2.74 billion, a PE ratio of 8.25, a price-to-earnings-growth ratio of 0.59 and a beta of 2.83. The business has a 50-day simple moving average of C$13.52 and a 200 day simple moving average of C$12.53. NuVista Energy Ltd. has a 52 week low of C$9.59 and a 52 week high of C$14.86. The company has a quick ratio of 0.78, a current ratio of 0.90 and a debt-to-equity ratio of 15.03.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NVA shares. Jefferies Financial Group raised their target price on shares of NuVista Energy from C$15.00 to C$17.00 and gave the company a “buy” rating in a research note on Monday, July 15th. TD Securities raised their target price on shares of NuVista Energy from C$15.00 to C$17.00 and gave the company a “buy” rating in a research note on Friday, June 14th. Scotiabank lifted their price objective on shares of NuVista Energy from C$15.00 to C$16.00 in a research report on Friday, July 12th. CIBC lifted their price objective on shares of NuVista Energy from C$16.50 to C$20.00 in a research report on Monday, July 15th. Finally, BMO Capital Markets lifted their price objective on shares of NuVista Energy from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 26th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, NuVista Energy presently has a consensus rating of “Moderate Buy” and an average target price of C$16.23.

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.