Nuvista Energy (TSE: NVA) recently received a number of ratings updates from brokerages and research firms:

  • 8/8/2019 – Nuvista Energy had its price target lowered by analysts at BMO Capital Markets from C$5.50 to C$4.00.
  • 8/8/2019 – Nuvista Energy had its price target lowered by analysts at Eight Capital from C$8.50 to C$6.00.
  • 8/8/2019 – Nuvista Energy had its price target lowered by analysts at CIBC from C$5.50 to C$5.25.
  • 8/8/2019 – Nuvista Energy had its price target lowered by analysts at Desjardins from C$7.00 to C$5.50.
  • 7/18/2019 – Nuvista Energy had its price target lowered by analysts at CIBC from C$8.00 to C$5.50.
  • 7/18/2019 – Nuvista Energy had its price target lowered by analysts at Royal Bank of Canada from C$7.00 to C$5.00.
  • 7/16/2019 – Nuvista Energy had its “outperform” rating reaffirmed by analysts at CSFB. They now have a C$4.00 price target on the stock.
  • 7/9/2019 – Nuvista Energy had its price target lowered by analysts at Canaccord Genuity from C$5.50 to C$4.00.
  • 6/28/2019 – Nuvista Energy had its price target lowered by analysts at GMP Securities from C$7.50 to C$6.00.
  • 6/25/2019 – Nuvista Energy had its price target lowered by analysts at National Bank Financial from C$7.25 to C$6.00. They now have an “outperform” rating on the stock.

Shares of NVA traded down C$0.05 during midday trading on Wednesday, hitting C$1.67. The company had a trading volume of 1,075,023 shares, compared to its average volume of 1,206,076. The company’s 50-day simple moving average is C$2.35 and its 200-day simple moving average is C$3.52. The company has a debt-to-equity ratio of 39.99, a quick ratio of 0.52 and a current ratio of 0.90. The firm has a market capitalization of $387.81 million and a P/E ratio of 4.40. Nuvista Energy Ltd has a 1 year low of C$1.59 and a 1 year high of C$8.02.

In other Nuvista Energy news, Senior Officer Ross Lloyd Andreachuk bought 19,000 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were acquired at an average price of C$2.52 per share, with a total value of C$47,880.00. Following the transaction, the insider now owns 77,193 shares of the company’s stock, valued at C$194,526.36. Insiders bought a total of 36,400 shares of company stock valued at $87,723 in the last quarter.

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

See Also: Analyst Ratings

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