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

NuVista Energy Ltd. (OTCMKTS:NUVSF) has earned a consensus recommendation of “Hold” from the six ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company.

NUVSF has been the topic of several recent research reports. Scotiabank reaffirmed a “sector perform” rating on shares of NuVista Energy in a report on Wednesday, January 21st. TD Securities lowered NuVista Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, November 5th.

NuVista Energy Stock Performance

NUVSF stock opened at $13.90 on Wednesday. NuVista Energy has a 52 week low of $7.38 and a 52 week high of $13.90. The company’s 50-day simple moving average is $13.35 and its 200 day simple moving average is $12.24.

About NuVista Energy

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.