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Closing Bell: Ovintiv Inc down on Tuesday (OVV)

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Ovintiv Inc opened trading today at $55.48 and closed at $56.23. Intraday prices ranged from a low of $54.99 to a high of $56.63.

Share prices eased -2.50 percent from the previous day's close of $57.67.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 225,724 shares was traded during the session, with total trades of 1,808. On average, Ovintiv Inc has traded 219,127 shares in the last five days and 116,320 year-to-date.

The TSX overall saw 3,772 price advancers against 1,443 declines and 86 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 eased -12.29% in the last 12 months, while they have dipped -3.32% year-to-date.

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 has an average recommendation of "Moderate Buy" based on 21.00 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..