Christopher Mark Alessandro Legrow Sells 5,000 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

On January 10th, Christopher Mark Alessandro Legrow, a senior officer at NuVista Energy Ltd. (TSE:NVA), sold 5,000 shares of the company’s stock. The shares were sold at an average price of C$14.30 each, amounting to a total transaction value of C$71,500.00.

In addition, Legrow has been active in other trading transactions recently:

• On January 3rd, Legrow sold 15,000 shares at an average price of C$13.87, totaling C$208,050.00.
• On November 21st, he sold 24,107 shares priced at an average of C$13.11, leading to a total transaction of C$316,042.77.

NuVista Energy Performance Overview

During trading on Friday, shares of TSE:NVA experienced a slight decline of C$0.12, settling at C$14.03. The trading volume for the day was 684,096 shares, which is higher than the average volume of 675,162. Over the past year, NuVista Energy has recorded a low of C$9.59 and a high of C$14.86. The company holds a market cap of C$2.89 billion, with a price-to-earnings (P/E) ratio of 8.71, indicating its earnings compared to its stock price. Additionally, its PEG (Price/Earnings to Growth) ratio stands at 0.59, and it has a beta value of 2.57, suggesting a higher volatility compared to the overall market. The company's debt-to-equity ratio is at 15.03, with a quick ratio of 0.78 and a current ratio of 0.90. Currently, the average 50-day simple moving average is C$13.08, while the 200-day simple moving average is C$12.75.

Analyst Ratings and Price Targets

Several analysts have recently provided insights on NuVista Energy. BMO Capital Markets increased their price target from C$18.00 to C$19.00 as per a report on December 13th. Cormark upgraded its rating on the stock to 'strong-buy' on September 23rd. Conversely, TD Securities reduced its target from C$17.00 to C$16.00 in early October. Jefferies Financial Group has also raised its price target for NuVista from C$14.00 to C$19.00 in mid-December. Furthermore, National Bankshares adjusted their rating from 'outperform' to 'sector perform', setting a price objective of C$16.00 on December 19th. Overall, there are two analysts recommending a 'hold', seven rated it as a 'buy', and one has given it a 'strong buy' status. The consensus rating on the stock is currently considered a 'Moderate Buy', with an average price target of C$16.64 according to MarketBeat.com.

NuVista Energy Ltd. is engaged in exploring, developing, and producing oil and natural gas within the Western Canadian Sedimentary Basin. The company’s product range includes natural gas, condensate and oil, butane, propane, and ethane, with a significant portion of sales stemming from condensate, which is notably utilized in the heavy oil sector.

NuVista, Legrow, Stocks