NuVista Energy Ltd. (TSE:NVA) Senior Officer Christopher Mark Alessandro Legrow Sells 24,107 Shares

NuVista Energy Ltd. (TSE:NVA) Senior Officer Christopher Mark Alessandro Legrow sold 24,107 shares of NuVista Energy stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of C$13.11, for a total value of C$316,042.77.

NuVista Energy Trading Up 5.8 %

Shares of TSE:NVA traded up C$0.78 during mid-day trading on Thursday, hitting C$14.17. The stock had a trading volume of 1,401,796 shares, compared to its average volume of 621,876. The company’s 50 day moving average is C$11.51 and its 200-day moving average is C$12.65. NuVista Energy Ltd. has a 12-month low of C$9.59 and a 12-month high of C$14.86. 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 company has a market cap of C$2.92 billion, a PE ratio of 8.76, a P/E/G ratio of 0.59 and a beta of 2.57.

Analyst Ratings Changes

Several brokerages have commented on NVA. TD Securities dropped their price target on NuVista Energy from C$17.00 to C$16.00 in a research note on Tuesday, October 1st. Cormark upgraded shares of NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. National Bankshares raised shares of 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. National Bank Financial upgraded NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. Finally, Jefferies Financial Group lowered their price objective on shares of NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating on the stock in a research note on Monday, September 16th. Eight research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price 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.