NuVista Energy Ltd. (TSE:NVA) Senior Officer Joshua Thomas Truba Sells 21,600 Shares

NuVista Energy Ltd. (TSE:NVA) Senior Officer Joshua Thomas Truba sold 21,600 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$13.11, for a total transaction of C$283,176.00.

NuVista Energy Price Performance

The company has a debt-to-equity ratio of 15.03, a quick ratio of 0.78 and a current ratio of 0.90. NuVista Energy Ltd. has a 1-year low of C$9.59 and a 1-year high of C$14.86. The company has a market capitalization of C$2.71 billion, a P/E ratio of 8.17, a P/E/G ratio of 0.59 and a beta of 2.57. The firm’s 50-day simple moving average is C$11.48 and its two-hundred day simple moving average is C$12.64.

Analyst Upgrades and Downgrades

NVA has been the topic of a number of recent research reports. Cormark upgraded shares of NuVista Energy to a “strong-buy” rating in a report on Monday, September 23rd. National Bankshares upgraded NuVista Energy from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$14.50 to C$16.00 in a research note on Monday, November 11th. Jefferies Financial Group lowered their price objective on NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating for the company in a research note on Monday, September 16th. National Bank Financial raised NuVista Energy from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. Finally, TD Securities reduced their price target on NuVista Energy from C$17.00 to C$16.00 in a report on Tuesday, October 1st. Eight investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, NuVista Energy currently has an average rating of “Buy” and an average price target of C$15.97.

About NuVista Energy

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.