Kevin Garth Asman Sells 5,000 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVAGet Rating) Senior Officer Kevin Garth Asman sold 5,000 shares of the firm’s stock in a transaction dated Friday, June 17th. The shares were sold at an average price of C$11.48, for a total transaction of C$57,400.00. Following the completion of the transaction, the insider now directly owns 192,401 shares in the company, valued at approximately C$2,208,763.48.

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

  • 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 Price Performance

Shares of NVA opened at C$10.49 on Friday. The stock has a market cap of C$2.40 billion and a PE ratio of 7.39. The company has a debt-to-equity ratio of 33.09, a quick ratio of 0.51 and a current ratio of 0.51. NuVista Energy Ltd. has a fifty-two week low of C$2.90 and a fifty-two week high of C$14.29. The firm’s 50-day simple moving average is C$11.02 and its two-hundred day simple moving average is C$10.58.

NuVista Energy (TSE:NVAGet Rating) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported C$0.74 EPS for the quarter, beating analysts’ consensus estimates of C$0.46 by C$0.28. The firm had revenue of C$463.27 million for the quarter. Analysts anticipate that NuVista Energy Ltd. will post 2.8699999 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NVA has been the topic of several recent analyst reports. Stifel Nicolaus dropped their target price on shares of NuVista Energy from C$15.50 to C$14.75 in a research report on Thursday. National Bankshares reduced their price objective on shares of NuVista Energy from C$19.00 to C$16.50 and set a “sector perform” rating for the company in a research note on Monday, July 18th. Raymond James boosted their price target 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. Cormark boosted their price target 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. Finally, Scotiabank upped their target price on shares of NuVista Energy from C$14.50 to C$15.50 in a research report on Thursday, May 12th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$13.39.

About NuVista Energy

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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.

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Insider Buying and Selling by Quarter for NuVista Energy (TSE:NVA)

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