Closing Bell: Ovintiv Inc down on Wednesday (OVV)

Ovintiv Inc opened trading today at $63.87 and closed at $63.07. prices ranged from $63.04 to $64.38.

Shares eased -1.13% from the previous day's close of $63.79.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Ovintiv Inc traded under OVV on the Toronto Stock Exchange (TSX).

A total of 82,717 shares was traded during the session, with total trades of 780. On average, Ovintiv Inc has traded 64,490 shares in the last five days and 113,495 year-to-date.

The TSX overall saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, OVV.TO has traded as high as $76.63 (April 12,2024) and low as $53.61 (January 18,2024). Moreover, the shares have advanced 13.35 percent in 52 weeks, while in 2024, they have climbed 8.44%.

Following today's trading, Ovintiv Inc has a market capitalization of $17.01 billion on a float of 266,981 shares outstanding. Its annual EPS is $7.17.

Ovintiv Inc is a TSX Oil & Gas E&P company headquartered in Denver, USA.

Ovintiv Inc is holding an average recommendation of "Moderate Buy" from 21.00 analysts according to Zacks. From those 21 analysts, 14 have buy ratings and 7 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..