Let’s start up with the current stock price of Ovintiv Inc. (OVV), which is $20.55 to be very precise. The Stock rose vividly during the last session to $21.09 after opening rate of $20.53 while the lowest price it went was recorded $20.08 before closing at $20.09.
Recently in News on January 27, 2021, Ovintiv™ to Host its 2020 Fourth Quarter and Year-end Results Conference Call and Webcast on February 18, 2021. Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2020 fourth quarter and year-end results conference call at 9 a.m. MT, on February 18, 2021. The Company plans to release its financial and operating results after market close, Wednesday, February 17, 2021. In addition to the release, supplemental slides and financial statements will be available on the Company’s website, located at www.ovintiv.com. You can read further details here
Ovintiv Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $21.09 on 02/11/21, with the lowest value was $14.66 for the same time period, recorded on 01/04/21.
Ovintiv Inc. (OVV) full year performance was 25.00%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Ovintiv Inc. shares are logging 0.15% during the 52-week period from high price, and 878.57% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.10 and $20.52.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 4512225 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Ovintiv Inc. (OVV) recorded performance in the market was 43.11%, having the revenues showcasing 82.50% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.24B, as it employees total of 2571 workers.
Analysts verdict on Ovintiv Inc. (OVV)
During the last month, 6 analysts gave the Ovintiv Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 19 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 13.11, with a change in the price was noted +10.36. In a similar fashion, Ovintiv Inc. posted a movement of +101.67% for the period of last 100 days, recording 4,200,547 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OVV is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.65.
Ovintiv Inc. (OVV): Technical Analysis
Raw Stochastic average of Ovintiv Inc. in the period of last 50 days is set at 93.58%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 90.33%. In the last 20 days, the company’s Stochastic %K was 90.83% and its Stochastic %D was recorded 92.65%.
Let’s take a glance in the erstwhile performances of Ovintiv Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 43.11%. Additionally, trading for the stock in the period of the last six months notably improved by 74.01%, alongside a boost of 25.00% for the period of the last 12 months. The shares increased approximately by 12.17% in the 7-day charts and went down by 14.55% in the period of the last 30 days. Common stock shares were driven by 82.50% during last recorded quarter.