Closing Bell: Ovintiv Inc down on Friday (OVV)
In market activity today, Ovintiv Inc shares closed at $57.67 after opening the day at $60.67. It traded at a low of $56.98 to a high of $60.67.
Share prices lost -6.59 percent from the previous day's close of $61.74.
Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.
Ovintiv Inc traded under OVV on the Toronto Stock Exchange (TSX).
Trading volume was 300,595 on 2,455 total trades, while having an average volume of 192,133 in the last five days.
The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 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, in the last 52 weeks, Ovintiv Inc's shares have eased -7.33%, while they have eased -0.84% this year.
Following today's trading, Ovintiv Inc has a market capitalization of $15.14 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.
Currently, Ovintiv Inc's consensus rating is "Moderate Buy" based on 21 analysts according to Zacks. Currently, there are 14 buy ratings and 7 hold ratings for the stock.
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..
