NuVista Energy Ltd. (TSE:NVA) Senior Officer Jonathan Andrew Wright Sells 88,283 Shares

NuVista Energy Ltd. (TSE:NVA) Senior Officer Jonathan Andrew Wright sold 88,283 shares of the company’s stock in a transaction on Monday, June 9th. The shares were sold at an average price of C$14.50, for a total transaction of C$1,280,103.50.

Jonathan Andrew Wright also recently made the following trade(s):

• On Wednesday, May 21st, Jonathan Andrew Wright sold 12,369 shares of NuVista Energy stock. The shares were sold at an average price of C$13.66, for a total value of C$168,960.54.

NuVista Energy Price Performance

NVA traded up C$0.38 on Monday, reaching C$14.95. 1,276,897 shares of the company’s stock were exchanged, compared to its average volume of 865,739. NuVista Energy Ltd. has a twelve month low of C$10.34 and a twelve month high of C$15.15. The stock has a market cap of C$3.06 billion, a PE ratio of 10.45, a P/E/G ratio of 0.59 and a beta of 2.57. The company has a debt-to-equity ratio of 14.11, a current ratio of 0.87 and a quick ratio of 0.78. The stock’s fifty day moving average price is C$12.75 and its 200-day moving average price is C$12.94.

Analysts Set New Price Targets

NVA has been the subject of several analyst reports. Desjardins upgraded shares of NuVista Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 12th. Atb Cap Markets raised shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 25th. Cormark raised shares of NuVista Energy to a “strong-buy” rating in a research note on Friday, March 7th. CIBC cut their price target on NuVista Energy from C$19.50 to C$18.00 in a research note on Thursday, April 10th. Finally, Raymond James cut their price target on shares of NuVista Energy from C$18.00 to C$17.00 in a report on Wednesday, April 9th. 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, the company currently has a consensus rating of “Buy” and a consensus price target 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.