Insider Selling: NuVista Energy Ltd. (TSE:NVA) Senior Officer Sells 15,000 Shares of Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Christopher Mark Alessandro Legrow sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of C$13.87, for a total transaction of C$208,050.00.

Christopher Mark Alessandro Legrow also recently made the following trade(s):

• On Thursday, November 21st, Christopher Mark Alessandro Legrow sold 24,107 shares of NuVista Energy stock. The shares were sold at an average price of C$13.11, for a total transaction of C$316,042.77.

NuVista Energy Price Performance

Shares of TSE NVA opened at C$14.12 on Thursday. The company has a debt-to-equity ratio of 15.03, a current ratio of 0.90 and a quick ratio of 0.78. The firm has a market capitalization of C$2.91 billion, a PE ratio of 8.77, a P/E/G ratio of 0.59 and a beta of 2.57. NuVista Energy Ltd. has a 1-year low of C$9.59 and a 1-year high of C$14.86. The business’s fifty day moving average price is C$12.96 and its two-hundred day moving average price is C$12.74.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NVA. National Bank Financial lowered shares of NuVista Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th. TD Securities reduced their target price on NuVista Energy from C$17.00 to C$16.00 in a report on Tuesday, October 1st. Cormark upgraded NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. BMO Capital Markets upped their price target on NuVista Energy from C$18.00 to C$19.00 in a research report on Friday, December 13th. Finally, National Bankshares downgraded shares of NuVista Energy from an “outperform” rating to a “sector perform” rating and set a C$16.00 price objective for the company. in a report on Thursday, December 19th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$16.64.

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.