Closing Bell: Ovintiv Inc down on Monday (OVV)

Today, Ovintiv Inc shares closed at $62.91 after opening the day at $63.99. Intraday prices ranged from a low of $62.20 to a high of $64.18.

Shares reduced -1.27% from the previous day's close of $63.72.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 90,751 on 826 total trades, with an average volume of 76,703 in the last five days.

The TSX market on the whole today saw 1,903 price advancers against 3,356 declines and 91 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 5.31% in the last 12 months, while they have boosted 8.17% since the start of 2024.

Following today's trading, Ovintiv Inc has a market capitalization of $16.99 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..