Insider Buying: NuVista Energy Ltd. (TSE:NVA) Senior Officer Buys 3,000 Shares of Stock

NuVista Energy Ltd. (TSE:NVA - Get Free Report) Senior Officer Christopher Mark Alessandro Legrow bought 3,000 shares of the firm's stock in a transaction that occurred on Monday, July 7th. The shares were acquired at an average price of C$13.75 per share, with a total value of C$41,250.00.

Christopher Mark Alessandro Legrow also recently made the following trade(s):

• On Tuesday, June 10th, Christopher Mark Alessandro Legrow sold 47 shares of NuVista Energy stock. The shares were sold at an average price of C$15.36, for a total transaction of C$721.92.
• On Thursday, June 5th, Christopher Mark Alessandro Legrow sold 4,793 shares of NuVista Energy stock. The shares were sold at an average price of C$14.19, for a total transaction of C$68,012.67.
• On Tuesday, May 27th, Christopher Mark Alessandro Legrow sold 10,000 shares of NuVista Energy stock. The shares were sold at an average price of C$13.85, for a total value of C$138,500.00.
• On Wednesday, May 21st, Christopher Mark Alessandro Legrow sold 4,674 shares of NuVista Energy stock. The shares were sold at an average price of C$13.66, for a total transaction of C$63,846.84.
• On Tuesday, May 20th, Christopher Mark Alessandro Legrow sold 5,000 shares of NuVista Energy stock. The shares were sold at an average price of C$13.85, for a total transaction of C$69,250.00.

NuVista Energy Price Performance

NVA traded up C$0.27 during trading on Tuesday, reaching C$14.07. The company's stock had a trading volume of 1,579,840 shares, compared to its average volume of 930,832. The firm has a fifty day simple moving average of C$14.03 and a two-hundred day simple moving average of C$13.18. The company has a market cap of C$2.88 billion, a price-to-earnings ratio of 9.84, a PEG ratio of 0.59 and a beta of 2.57. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 14.11. NuVista Energy Ltd. has a 1 year low of C$10.34 and a 1 year high of C$16.11.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Raymond James Financial lowered NuVista Energy from a "moderate buy" rating to a "hold" rating and set a C$17.00 price objective for the company. in a research note on Thursday, July 3rd. CIBC cut their price objective on NuVista Energy from C$19.50 to C$18.00 in a research report on Thursday, April 10th. Atb Cap Markets upgraded NuVista Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th. Royal Bank Of Canada raised their price target on NuVista Energy from C$14.00 to C$16.00 and gave the stock a "sector perform" rating in a research report on Monday, June 30th. Finally, Desjardins upgraded NuVista Energy from a "hold" rating to a "moderate buy" rating in a research report on Monday, May 12th. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$17.14.

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.