NuVista Energy Ltd. (OTCMKTS:NUVSF) Receives Consensus Recommendation of “Hold” from Brokerages

NuVista Energy Ltd. (OTCMKTS:NUVSF) has received an average recommendation of “Hold” from the six analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company.

Several analysts have recently weighed in on the company. TD Securities lowered NuVista Energy from a “hold” rating to a “sell” rating in a report on Wednesday, November 5th. Scotiabank reaffirmed a “sector perform” rating on shares of NuVista Energy in a research report on Thursday, October 9th.

NuVista Energy Stock Performance

Shares of NUVSF opened at $12.95 on Tuesday. The stock’s 50-day moving average price is $12.68 and its 200 day moving average price is $11.49. NuVista Energy has a 12-month low of $7.38 and a 12-month high of $13.80.

NuVista Energy Company Profile

NuVista Energy Ltd. (OTCMKTS: NUVSF) is a Calgary-based independent oil and gas exploration and production company focused on the development of conventional and unconventional natural gas, natural gas liquids and light oil. The company’s primary operations are located within the Western Canadian Sedimentary Basin, where it concentrates on advancing its asset base in the Montney formation of northeastern British Columbia.

NuVista’s technical approach emphasizes condensate-rich and liquids-rich gas plays, utilizing multi-stage drilling and completion techniques to enhance well productivity.