Nuvista Energy Ltd (TSE:NVA) Director Keith A.J. Macphail sold 10,000 shares of the company’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$4.68, for a total value of C$46,800.00. Following the transaction, the director now directly owns 2,487,042 shares in the company, valued at C$11,639,356.56.

Keith A.J. Macphail also recently made the following trade(s):

  • On Monday, March 18th, Keith A.J. Macphail sold 10,000 shares of Nuvista Energy stock. The shares were sold at an average price of C$4.50, for a total value of C$45,000.00.
  • On Thursday, March 7th, Keith A.J. Macphail sold 20,000 shares of Nuvista Energy stock. The shares were sold at an average price of C$4.54, for a total value of C$90,800.00.

NVA stock traded down C$0.03 during mid-day trading on Thursday, hitting C$4.81. The stock had a trading volume of 1,240,823 shares, compared to its average volume of 1,159,662. The company has a debt-to-equity ratio of 33.69, a current ratio of 0.92 and a quick ratio of 0.52. Nuvista Energy Ltd has a 1-year low of C$3.38 and a 1-year high of C$9.89. The firm has a market cap of $1.02 billion and a P/E ratio of 6.77.

Several research analysts recently weighed in on NVA shares. Cormark dropped their price target on Nuvista Energy from C$10.00 to C$8.00 in a research report on Friday, February 8th. GMP Securities dropped their price target on Nuvista Energy from C$9.75 to C$7.50 in a research report on Thursday, December 13th. Eight Capital upped their price target on Nuvista Energy from C$7.75 to C$9.50 in a research report on Wednesday, March 6th. BMO Capital Markets reissued an “average” rating and set a C$6.50 price target on shares of Nuvista Energy in a research report on Monday, January 7th. Finally, Canaccord Genuity lowered Nuvista Energy from a “buy” rating to a “hold” rating and dropped their price target for the company from C$7.50 to C$5.00 in a research report on Thursday, January 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of C$8.44.

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About Nuvista Energy

NuVista Energy Ltd., an exploration and production company, engages in the development, delineation, and production of condensate, 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.

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