NuVista Energy Ltd. (TSE:NVA - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$13.21 and traded as high as C$14.18. NuVista Energy shares last traded at C$14.13, with a volume of 433,734 shares traded.
Analyst Ratings Changes
A number of brokerages have recently weighed in on NVA. Royal Bank Of Canada raised their price objective on shares of NuVista Energy from C$14.00 to C$16.00 and gave the stock a "sector perform" rating in a research note on Monday, June 30th. Atb Cap Markets raised shares of NuVista Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 25th. Desjardins raised shares of NuVista Energy from a "hold" rating to a "moderate buy" rating in a research note on Monday, May 12th. Raymond James Financial cut shares of NuVista Energy from a "moderate buy" rating to a "hold" rating and set a C$17.00 target price for the company. in a research note on Thursday, July 3rd. Finally, CIBC lowered their target price on shares of NuVista Energy from C$19.50 to C$18.00 in a research note on Thursday, April 10th. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, NuVista Energy currently has an average rating of "Moderate Buy" and a consensus price target of C$17.14.
Check Out Our Latest Research Report on NVA
NuVista Energy Price Performance
The company has a debt-to-equity ratio of 14.11, a quick ratio of 0.78 and a current ratio of 0.87. The firm has a market cap of C$2.87 billion, a price-to-earnings ratio of 9.79, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57. The company's fifty day moving average is C$14.38 and its two-hundred day moving average is C$13.23.
Insider Transactions at NuVista Energy
In other NuVista Energy news, Senior Officer Ryan Daniel Paulgaard sold 10,000 shares of the business's stock in a transaction on Friday, May 16th. The shares were sold at an average price of C$13.75, for a total value of C$137,500.00. Also, Senior Officer Jonathan Andrew Wright sold 88,283 shares of the business's stock in a transaction on Monday, June 9th. The stock was sold at an average price of C$14.50, for a total transaction of C$1,280,103.50. Insiders have sold a total of 236,437 shares of company stock worth $3,441,605 over the last three months. Insiders own 20.25% of the company's stock.
About NuVista Energy
(
Get Free Report)
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.
Read More
Before you consider NuVista Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NuVista Energy wasn't on the list.
While NuVista Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
