NuVista Energy Ltd. (TSE:NVA) Senior Officer Michael Lawford Sells 6,845 Shares

NuVista Energy Ltd. (TSE:NVA) Senior Officer Michael Lawford sold 6,845 shares of the business’s stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of C$13.66, for a total value of C$93,502.70.

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

• On Friday, April 4th, Michael Lawford sold 21,000 shares of NuVista Energy stock. The stock was sold at an average price of C$13.47, for a total value of C$282,870.00.

NuVista Energy Stock Down 0.6%

TSE NVA opened at C$13.99 on Thursday. NuVista Energy Ltd. has a 12 month low of C$10.34 and a 12 month high of C$14.86. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 14.11. The stock has a market cap of C$2.86 billion, a PE ratio of 9.78, a P/E/G ratio of 0.59 and a beta of 2.57. The stock’s 50 day moving average is C$12.52 and its 200 day moving average is C$12.80.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NVA. CIBC cut their price objective on NuVista Energy from C$19.50 to C$18.00 in a research note on Thursday, April 10th. Raymond James lowered their price target on shares of NuVista Energy from C$18.00 to C$17.00 in a report on Wednesday, April 9th. Atb Cap Markets upgraded shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report 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. Finally, Cormark upgraded shares of NuVista Energy to a “strong-buy” rating in a research report on Friday, March 7th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, NuVista Energy has a consensus rating of “Buy” and an average 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.