NuVista Energy (OTCMKTS:NUVSF) Trading 0.7% Higher – Here’s What Happened

NuVista Energy Ltd. (OTCMKTS:NUVSF)’s stock price was up 0.7% during trading on Friday . The stock traded as high as $12.8440 and last traded at $12.8440. Approximately 125,533 shares were traded during trading, a decline of 18% from the average daily volume of 152,799 shares. The stock had previously closed at $12.76.

Analyst Ratings Changes

Several brokerages recently issued reports on NUVSF. Desjardins cut shares of NuVista Energy to a “hold” rating in a research note on Tuesday, August 26th. TD Securities lowered shares of NuVista Energy from a “hold” rating to a “sell” rating in a research report on Wednesday, November 5th. Finally, Scotiabank reissued a “sector perform” rating on shares of NuVista Energy in a research note on Thursday, October 9th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold”.

NuVista Energy Trading Up 0.7%

The business has a 50 day simple moving average of $12.56 and a two-hundred day simple moving average of $11.42.

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.