Michael Lawford Buys 2,010 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Michael Lawford purchased 2,010 shares of the stock in a transaction dated Friday, December 20th. The shares were purchased at an average price of C$12.29 per share, with a total value of C$24,702.90.

Michael Lawford also recently made the following trade(s):

• On Monday, November 18th, Michael Lawford sold 9,513 shares of NuVista Energy stock. The shares were sold at an average price of C$13.00, for a total transaction of C$123,669.00.
• On Tuesday, November 12th, Michael Lawford sold 17,348 shares of NuVista Energy stock. The stock was sold at an average price of C$12.57, for a total transaction of C$218,064.36.
• On Monday, October 7th, Michael Lawford sold 10,116 shares of NuVista Energy stock. The shares were sold at an average price of C$11.61, for a total value of C$117,446.76.

NuVista Energy Stock Performance

TSE:NVA opened at C$12.33 on Friday. The company has a 50-day moving average of C$12.32 and a 200-day moving average of C$12.73. The firm has a market cap of C$2.54 billion, a price-to-earnings ratio of 7.66, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57. The company has a current ratio of 0.90, a quick ratio of 0.78 and a debt-to-equity ratio of 15.03. NuVista Energy Ltd. has a twelve month low of C$9.59 and a twelve month high of C$14.86.

Analyst Upgrades and Downgrades

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