Insider Selling: NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells 4,127 Shares of Stock

NuVista Energy Ltd. (TSE:NVA - Get Free Report) Senior Officer Michael Lawford sold 4,127 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of C$14.08, for a total value of C$58,108.16.

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

• On Wednesday, May 21st, Michael Lawford sold 6,845 shares of NuVista Energy stock. The shares were sold at an average price of C$13.66, for a total transaction of C$93,502.70.
• On Friday, April 4th, Michael Lawford sold 21,000 shares of NuVista Energy stock. The shares were sold at an average price of C$13.47, for a total value of C$282,870.00.

NuVista Energy Price Performance

Shares of NVA traded up C$0.20 during trading hours on Monday, hitting C$14.02. The stock had a trading volume of 642,179 shares, compared to its average volume of 846,147. The company has a debt-to-equity ratio of 14.11, a current ratio of 0.87 and a quick ratio of 0.78. The stock has a market capitalization of C$2.87 billion, a price-to-earnings ratio of 9.80, a P/E/G ratio of 0.59 and a beta of 2.57. NuVista Energy Ltd. has a 52 week low of C$10.34 and a 52 week high of C$14.86. The company's fifty day moving average is C$12.71 and its two-hundred day moving average is C$12.90.

Analyst Ratings Changes

Several research firms have recently issued reports on NVA. CIBC decreased their price target on NuVista Energy from C$19.50 to C$18.00 in a research note on Thursday, April 10th. Desjardins raised NuVista Energy from a "hold" rating to a "moderate buy" rating in a research report on Monday, May 12th. Raymond James dropped their price target on shares of NuVista Energy from C$18.00 to C$17.00 in a research report on Wednesday, April 9th. Atb Cap Markets raised shares of NuVista Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 25th. Finally, Cormark upgraded shares of NuVista Energy to a "strong-buy" rating in a report on Friday, March 7th. Two analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, NuVista Energy has an average rating of "Buy" and a consensus target price of C$17.28.

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.