NuVista Energy Ltd. (TSE:NVA – Get Rating) Senior Officer Kevin Garth Asman sold 5,000 shares of NuVista Energy stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of C$11.59, for a total transaction of C$57,950.00. Following the completion of the transaction, the insider now directly owns 193,253 shares of the company's stock, valued at approximately C$2,239,802.27.

Kevin Garth Asman also recently made the following trade(s):

• On Friday, June 17th, Kevin Garth Asman sold 5,000 shares of NuVista Energy stock. The shares were sold at an average price of C$11.48, for a total transaction of C$57,400.00.
• On Friday, June 10th, Kevin Garth Asman sold 5,467 shares of NuVista Energy stock. The shares were sold at an average price of C$13.82, for a total transaction of C$75,553.94.

NuVista Energy Stock Performance

NVA opened at C$11.34 on Monday. The firm has a market capitalization of C$2.59 billion and a PE ratio of 5.11. NuVista Energy Ltd. has a twelve month low of C$3.53 and a twelve month high of C$14.29. The firm's 50-day moving average price is C$10.40 and its 200 day moving average price is C$10.84. The company has a current ratio of 0.61, a quick ratio of 0.60 and a debt-to-equity ratio of 23.86.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NVA. Stifel Nicolaus cut their price objective on shares of NuVista Energy from C$15.50 to C$14.75 in a report on Thursday, August 4th. Cormark lifted their target price on shares of NuVista Energy from C$18.00 to C$19.00 and gave the company a "buy" rating in a research report on Thursday, August 4th. Scotiabank lifted their target price on shares of NuVista Energy from C$14.50 to C$15.50 in a research report on Thursday, May 12th. National Bankshares dropped their target price on shares of NuVista Energy from C$19.00 to C$16.50 and set a "sector perform" rating on the stock in a research report on Monday, July 18th. Finally, Raymond James lifted their target price on shares of NuVista Energy from C$15.50 to C$17.00 and gave the company a "strong-buy" rating in a research report on Tuesday, July 5th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$13.39.

About NuVista Energy

(Get Rating)

NuVista Energy Ltd., an oil and natural gas company, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. It primarily focuses on the condensate rich Montney formation in the Wapiti area of the Alberta Deep Basin. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

Further Reading

• Why Trading Volume is Unusually High on These 3 Stocks
• Can NetApp Resume Its Rally After Strong Earnings Guidance?
• Three Reasons Why Medtronic Stock can be a Recession Winner
• Rivian Rising to the Challenge
• 3 Deflation Enablers Stocks that Can Thrive in a Recession

Receive News & Ratings for NuVista Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuVista Energy and related companies with MarketBeat.com's FREE daily email newsletter.