NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells C$578,401.65 in Stock

NuVista Energy Ltd. (TSE:NVA - Get Free Report) Senior Officer Jonathan Andrew Wright sold 37,437 shares of the business's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of C$15.45, for a total value of C$578,401.65.

Jonathan Andrew Wright also recently made the following trade(s):

• On Monday, June 9th, Jonathan Andrew Wright sold 88,283 shares of NuVista Energy stock. The shares were sold at an average price of C$14.50, for a total transaction of C$1,280,103.50.
• On Wednesday, May 21st, Jonathan Andrew Wright sold 12,369 shares of NuVista Energy stock. The stock was sold at an average price of C$13.66, for a total transaction of C$168,960.54.

NuVista Energy Stock Down 0.4%

Shares of TSE:NVA traded down C$0.06 during midday trading on Friday, hitting C$15.44. 1,885,899 shares of the company's stock were exchanged, compared to its average volume of 888,612. The company has a market cap of C$3.16 billion, a PE ratio of 10.80, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57. The company has a debt-to-equity ratio of 14.11, a current ratio of 0.87 and a quick ratio of 0.78. NuVista Energy Ltd. has a 12 month low of C$10.34 and a 12 month high of C$15.98. The stock has a 50 day moving average price of C$12.97 and a 200-day moving average price of C$12.99.

Wall Street Analyst Weigh In

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

About NuVista Energy

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.