Closing Bell: Ovintiv Inc down on Thursday (OVV)

In trading today, shares of Ovintiv Inc opened at $64.17 and closed at $61.74. It traded at a low of $61.43 to a high of $64.52.

Share prices dipped -3.79 percent from the previous day's close of $64.17.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Ovintiv Inc has listed on the Toronto Stock Exchange (TSX) under the ticker OVV.

Trading volume was 157,799 on 1,318 total trades, with an average volume of 148,702 in the last five days.

Trading across the entire TSX saw 907 price advancers against 4,327 declines and 72 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 decreased -0.84% in the last 12 months, while this year, they have advanced 6.16%.

Following today's trading, Ovintiv Inc has a market capitalization of $16.96 billion on a float of 263,608 shares outstanding. Its annual EPS is $7.13.

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..