NuVista Energy Ltd. (TSE:NVA) Senior Officer Ivan J. Condic Sells 971 Shares

NuVista Energy Ltd. (TSE:NVA) Senior Officer Ivan J. Condic sold 971 shares of NuVista Energy 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 Stock Up 0.5 %

Shares of TSE NVA opened at C$14.22 on Friday. NuVista Energy Ltd. has a 1 year low of C$9.59 and a 1 year high of C$14.38. The firm has a market cap of C$2.93 billion, a price-to-earnings ratio of 9.74, a PEG ratio of 0.59 and a beta of 2.83. The company has a debt-to-equity ratio of 15.87, a quick ratio of 0.78 and a current ratio of 0.78. The stock’s 50-day simple moving average is C$13.18 and its 200-day simple moving average is C$11.91.

NuVista Energy (TSE:NVA) last announced its earnings results on Tuesday, May 7th. The company reported C$0.17 earnings per share (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 business had revenue of C$309.02 million for the quarter, compared to analysts’ expectations of C$276.00 million. As a group, equities analysts anticipate that NuVista Energy Ltd. will post 1.3395253 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NVA has been the topic of a number of research analyst reports. TD Securities lifted their target price on NuVista Energy from C$15.00 to C$17.00 and gave the company a “buy” rating in a report on Friday, June 14th. BMO Capital Markets boosted their price objective on NuVista Energy from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a research note on Wednesday. National Bankshares boosted their price objective on NuVista Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research note on Friday, April 19th. Stifel Nicolaus boosted their price objective on NuVista Energy from C$14.25 to C$14.50 in a research note on Monday, March 4th. Finally, CIBC boosted their price objective 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. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average 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.