Nuvista Energy Ltd Declines A lot Today, Is Now One of The Worst Performer


The stock of Nuvista Energy Ltd (TSE:NVA) is a huge mover today! About 727,558 shares traded hands or 60.54% up from the average. Nuvista Energy Ltd (TSE:NVA) has risen 59.15% since February 5, 2016 and is uptrending. It has outperformed by 42.66% the S&P500.
The move comes after 9 months negative chart setup for the $1.04B company. It was reported on Sep, 13 by We have $6.31 PT which if reached, will make TSE:NVA worth $72.80M less.

Out of 8 analysts covering Nuvista Energy Ltd. (TSE:NVA), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. Nuvista Energy Ltd. has been the topic of 24 analyst reports since September 23, 2015 according to StockzIntelligence Inc.

NuVista Energy Ltd. is an exploration and production company, which is engaged in exploration, development and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company has a market cap of $1.04 billion. The Company’s primary focus is on Montney formation in the Alberta Deep Basin (Wapiti Montney). It currently has negative earnings. The Company’s products include natural gas, and condensate and oil.

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