Ivan J. Condic Sells 4,220 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Ivan J. Condic sold 4,220 shares of the firm’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of C$13.66, for a total transaction of C$57,645.20.

Ivan J. Condic also recently made the following trade(s):

• On Thursday, March 27th, Ivan J. Condic sold 2,227 shares of NuVista Energy stock. The stock was sold at an average price of C$13.60, for a total transaction of C$30,287.20.

NuVista Energy Price Performance

Shares of NVA opened at C$13.71 on Friday. NuVista Energy Ltd. has a twelve month low of C$10.34 and a twelve month high of C$14.86. The firm has a market cap of C$2.81 billion, a PE ratio of 9.59, a PEG ratio of 0.59 and a beta of 2.57. 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’s 50 day moving average price is C$12.55 and its 200 day moving average price is C$12.82.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Raymond James reduced their price target on shares of NuVista Energy from C$18.00 to C$17.00 in a research report on Wednesday, April 9th. Cormark raised shares of NuVista Energy to a “strong-buy” rating in a research report on Friday, March 7th. Atb Cap Markets raised 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 report on Monday, May 12th. Finally, CIBC reduced their price target on shares of NuVista Energy from C$19.50 to C$18.00 in a research report on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, NuVista Energy presently has a consensus rating of “Buy” and a consensus 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.