Closing Bell: Ovintiv Inc up on Wednesday (OVV)

In today's trading, Ovintiv Inc shares opened at $65.96 and closed at $64.17. It traded at a low of $63.36 to a high of $66.69.

Share prices advanced 0.80 percent from the previous day's close of $63.66.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 317,097 on 2,784 total trades, while having an average volume of 130,101 over the last 5-days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 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 7.42% in the last 52 weeks, while in 2024, they have advanced 10.33%.

Following today's trading, Ovintiv Inc has a market capitalization of $16.98 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's average recommendation is "Moderate Buy" based on 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..