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

Shares of NuVista Energy Ltd. (OTCMKTS:NUVSF) have earned an average rating of “Hold” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company.

Separately, Scotiabank reiterated a “sector perform” rating on shares of NuVista Energy in a report on Wednesday, January 21st.

NuVista Energy Price Performance

NuVista Energy stock opened at $13.90 on Friday. The company’s 50 day simple moving average is $13.64 and its 200 day simple moving average is $12.67. NuVista Energy has a fifty-two week low of $7.38 and a fifty-two week high of $13.90.

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.