NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$12,953.14 in Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Ivan J. Condic sold 971 shares of the company’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of C$13.34, for a total value of C$12,953.14.

NuVista Energy Trading Up 0.5 %

Shares of NVA opened at C$14.22 on Monday. NuVista Energy Ltd. has a twelve month low of C$9.59 and a twelve month high of C$14.38. The firm has a market capitalization of C$2.93 billion, a P/E ratio of 9.74, a price-to-earnings-growth ratio of 0.59 and a beta of 2.83. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 15.87. The stock’s fifty day simple moving average is C$13.18 and its 200 day simple moving average is C$11.93.

NuVista Energy (TSE:NVA) last released its quarterly earnings data on Tuesday, May 7th. The company reported C$0.17 EPS for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.14). NuVista Energy had a return on equity of 15.57% and a net margin of 26.88%. The firm had revenue of C$309.02 million during the quarter, compared to analysts’ expectations of C$276.00 million. On average, equities research analysts forecast that NuVista Energy Ltd. will post 1.3395253 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently weighed in on NVA. Desjardins cut their target price on shares of NuVista Energy from C$15.00 to C$14.75 and set a “buy” rating for the company in a research note on Friday, March 22nd. TD Securities upped their price objective 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. Stifel Nicolaus lifted their target price on shares of NuVista Energy from C$14.25 to C$14.50 in a research note on Monday, March 4th. CIBC increased their price target on NuVista Energy from C$15.50 to C$16.50 and gave the stock an “outperform” rating in a research note on Monday, April 22nd. Finally, National Bankshares lifted their price objective on NuVista Energy from C$14.00 to C$15.00 and gave the company a “sector perform” rating in a research report on Friday, April 19th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$15.42.

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.