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As of close of business last night, Ovintiv Inc’s stock clocked out at $43.01, up 3.74% from its previous closing price of $41.46. In other words, the price has increased by $3.74 from its previous closing price. On the day, 3.67 million shares were traded. OVV stock price reached its highest trading level at $43.2 during the session, while it also had its lowest trading level at $42.305.
Ratios:
To gain a deeper understanding of OVV’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 266.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.06. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on March 24, 2025, Upgraded its rating to Outperform and sets its target price to $57 from $55 previously.
On January 13, 2025, BofA Securities Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $55 to $54.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 31 ’24 when Mayson Howard John sold 4,000 shares for $51.14 per share. The transaction valued at 204,560 led to the insider holds 45,279 shares of the business.
NANCE STEVEN W sold 12,000 shares of OVV for $600,000 on May 13 ’24. The Director now owns 8,929 shares after completing the transaction at $50.00 per share. On May 14 ’24, another insider, Chhina Sippy, who serves as the Director of the company, bought 1,600 shares for $49.50 each. As a result, the insider paid 79,200 and bolstered with 1,600 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OVV now has a Market Capitalization of 11196534784 and an Enterprise Value of 17001052160. As of this moment, Ovintiv’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.24, and their Forward P/E ratio for the next fiscal year is 6.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 1.901 whereas that against EBITDA is 3.891.
Stock Price History:
The Beta on a monthly basis for OVV is 2.09, which has changed by -0.15996093 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, OVV has reached a high of $55.95, while it has fallen to a 52-week low of $36.62. The 50-Day Moving Average of the stock is 0.66%, while the 200-Day Moving Average is calculated to be 0.29%.
Shares Statistics:
It appears that OVV traded 3.12M shares on average per day over the past three months and 5343090 shares per day over the past ten days. A total of 260.40M shares are outstanding, with a floating share count of 258.96M. Insiders hold about 0.52% of the company’s shares, while institutions hold 85.24% stake in the company. Shares short for OVV as of 1740700800 were 7109162 with a Short Ratio of 2.28, compared to 1738281600 on 5453815. Therefore, it implies a Short% of Shares Outstanding of 7109162 and a Short% of Float of 3.08.
Dividends & Splits
With its trailing 12-month dividend rate of 1.2, OVV has a forward annual dividend rate of 1.20. Against a Trailing Annual Dividend Yield of 0.028943561The stock’s 5-year Average Dividend Yield is 2.52. The current Payout Ratio is 28.52% for OVV, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2020-01-27 when the company split stock in a 1:5 ratio.
