Ovintiv Inc (OVV) concluded trading on Wednesday at a closing price of $35.97, with 6.33 million shares of worth about $227.75 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.29% during that period and on April 09, 2025 the price saw a gain of about 15.36%. Currently the company’s common shares owned by public are about 260.40M shares, out of which, 258.96M shares are available for trading.
Stock saw a price change of -18.51% in past 5 days and over the past one month there was a price change of -7.63%. Year-to-date (YTD), OVV shares are showing a performance of -11.19% which decreased to -35.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $30.40 but also hit the highest price of $55.95 during that period. The average intraday trading volume for Ovintiv Inc shares is 3.56 million. The stock is currently trading -10.75% below its 20-day simple moving average (SMA20), while that difference is down -13.25% for SMA50 and it goes to -15.24% lower than SMA200.
Ovintiv Inc (NYSE: OVV) currently have 260.40M outstanding shares and institutions hold larger chunk of about 85.30% of that.
The stock has a current market capitalization of $9.36B and its 3Y-monthly beta is at 1.26. PE ratio of stock for trailing 12 months is 8.57, while it has posted earnings per share of $4.20 in the same period. Its PEG reads 1.26 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 13.33% while standing at 5.56% over the month.
Analysts are in expectations that Ovintiv Inc (OVV) stock would likely to be making an EPS of 1.45 in the current quarter, while forecast for next quarter EPS is 1.31 and it is 5.95 for next year. For the current quarter EPS, analysts have given the company a lowest target 1.12 which is 1.65 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 1.43 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -10.72% while it is estimated to increase by 16.39% in next year. EPS is likely to shrink at an annualized rate of 6.80% 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 Morgan Stanley on March 26, 2025 offering an Overweight rating for the stock and assigned a target price of $57 to it. Coverage by BMO Capital Markets stated Ovintiv Inc (OVV) stock as an Outperform in their note to investors on March 24, 2025, suggesting a price target of $57 for the stock. On January 13, 2025, BofA Securities Upgrade their recommendations, while on July 18, 2024, Wolfe Research Resumed their ratings for the stock with a price target of $65. Stock get an Outperform rating from Evercore ISI on June 14, 2024.
