Michael Lawford Sells 17,348 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA) Senior Officer Michael Lawford sold 17,348 shares of NuVista Energy stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$12.57, for a total value of C$218,064.36.

Michael Lawford also recently made the following trade(s):

• On Monday, November 18th, Michael Lawford sold 9,513 shares of NuVista Energy stock. The stock was sold at an average price of C$13.00, for a total value of C$123,669.00.
• On Monday, October 7th, Michael Lawford sold 10,116 shares of NuVista Energy stock. The shares were sold at an average price of C$11.61, for a total value of C$117,446.76.

NuVista Energy Stock Performance

The firm has a market capitalization of C$2.71 billion, a price-to-earnings ratio of 8.17, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57. NuVista Energy Ltd. has a 12 month low of C$9.59 and a 12 month high of C$14.86. The company has a 50 day moving average price of C$11.48 and a two-hundred day moving average price of C$12.64. The company has a quick ratio of 0.78, a current ratio of 0.90 and a debt-to-equity ratio of 15.03.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. National Bank Financial raised shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. TD Securities dropped their price target on shares of NuVista Energy from C$17.00 to C$16.00 in a research note on Tuesday, October 1st. Cormark raised NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. National Bankshares raised NuVista Energy from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$14.50 to C$16.00 in a research report on Monday, November 11th. Finally, Jefferies Financial Group cut their price target on NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating for the company in a research note on Monday, September 16th. Eight research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$15.97.

About NuVista Energy

NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.