Ovintiv Inc (OVV) concluded trading on Thursday at a closing price of $37.63, with 3.55 million shares of worth about $133.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.85% during that period and on May 15, 2025 the price saw a loss of about -3.46%. Currently the company’s common shares owned by public are about 261.10M shares, out of which, 257.37M shares are available for trading.
Stock saw a price change of 6.51% in past 5 days and over the past one month there was a price change of 16.86%. Year-to-date (YTD), OVV shares are showing a performance of -7.09% which decreased to -24.42% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.80 but also hit the highest price of $51.72 during that period. The average intraday trading volume for Ovintiv Inc shares is 3.97 million. The stock is currently trading 6.85% above its 20-day simple moving average (SMA20), while that difference is up 0.85% for SMA50 and it goes to -7.98% lower than SMA200.
Ovintiv Inc (NYSE: OVV) currently have 261.10M outstanding shares and institutions hold larger chunk of about 88.49% of that.
The stock has a current market capitalization of $9.78B and its 3Y-monthly beta is at 1.14. PE ratio of stock for trailing 12 months is 16.03, while it has posted earnings per share of $2.35 in the same period. Its PEG reads 22.26 and has Quick Ratio of 0.43 while making debt-to-equity ratio of 0.67. 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 2.87% while standing at 3.43% over the month.
Stock’s fiscal year EPS is expected to drop by -29.82% while it is estimated to increase by 30.39% in next year. EPS is likely to shrink at an annualized rate of 0.72% 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.
