NuVista Energy Ltd. (OTCMKTS:NUVSF) Given Average Rating of “Hold” by Analysts

Shares of NuVista Energy Ltd. (OTCMKTS:NUVSF) have received an average recommendation of “Hold” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company.

Several equities research analysts have recently commented on NUVSF shares. Scotiabank reissued a “sector perform” rating on shares of NuVista Energy in a research note on Thursday, October 9th. TD Securities lowered NuVista Energy from a “hold” rating to a “sell” rating in a report on Wednesday, November 5th.

NuVista Energy Stock Performance

Shares of NUVSF opened at $13.10 on Tuesday. The firm’s 50-day moving average is $12.75 and its two-hundred day moving average is $11.52. NuVista Energy has a twelve month low of $7.38 and a twelve month high of $13.80.

NuVista Energy Company Profile

NuVista Energy Ltd. (OTCMKTS: NUVSF) is a Calgary-based independent oil and gas exploration and production company focused on the development of conventional and unconventional natural gas, natural gas liquids and light oil. The company’s primary operations are located within the Western Canadian Sedimentary Basin, where it concentrates on advancing its asset base in the Montney formation of northeastern British Columbia.

NuVista’s technical approach emphasizes condensate-rich and liquids-rich gas plays, utilizing multi-stage drilling and completion techniques to enhance well productivity.