Ovintiv Inc (OVV) concluded trading on Wednesday at a closing price of $38.22, with 4.81 million shares of worth about $184.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.76% during that period and on March 05, 2025 the price saw a loss of about -1.80%. Currently the company’s common shares owned by public are about 260.40M shares, out of which, 259.07M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Stock saw a price change of -8.78% in past 5 days and over the past one month there was a price change of -8.89%. Year-to-date (YTD), OVV shares are showing a performance of -5.63% which decreased to -24.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $36.90 but also hit the highest price of $55.95 during that period. The average intraday trading volume for Ovintiv Inc shares is 2.78 million. The stock is currently trading -10.92% below its 20-day simple moving average (SMA20), while that difference is down -10.39% for SMA50 and it goes to -12.08% lower than SMA200.
Ovintiv Inc (NYSE: OVV) currently have 260.40M outstanding shares and institutions hold larger chunk of about 85.23% of that.
The stock has a current market capitalization of $9.95B and its 3Y-monthly beta is at 2.12. PE ratio of stock for trailing 12 months is 9.10, while it has posted earnings per share of $4.20 in the same period. Its PEG reads 1.38 and has Quick Ratio of 0.51 while making debt-to-equity ratio of 0.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OVV, volatility over the week remained 6.66% while standing at 4.09% over the month.
Stock’s fiscal year EPS is expected to drop by -10.09% while it is estimated to increase by 31.40% in next year. EPS is likely to shrink at an annualized rate of 6.58% for next 5-years, compared to annual growth of 36.26% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on January 13, 2025 offering a Buy rating for the stock and assigned a target price range of between $55 and $54 to it. Coverage by Wolfe Research stated Ovintiv Inc (OVV) stock as an Outperform in their note to investors on July 18, 2024, suggesting a price target of $65 for the stock. On June 14, 2024, Evercore ISI Upgrade their recommendations, while on April 10, 2024, Barclays Initiated their ratings for the stock with a price target of $69. Stock get an Overweight rating from JP Morgan on December 06, 2023.
