Market Update: Ovintiv Inc (OVV) Sees Positive Movement, Closing at 40.05

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

In the latest session, Ovintiv Inc (NYSE: OVV) closed at $40.05 up 0.07% from its previous closing price of $40.02. In other words, the price has increased by $0.07 from its previous closing price. On the day, 2.81 million shares were traded. OVV stock price reached its highest trading level at $40.805 during the session, while it also had its lowest trading level at $39.85.

Ratios:

For a deeper understanding of Ovintiv Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1300.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.43. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.55.

BMO Capital Markets Upgraded its Market Perform to Outperform on March 24, 2025, whereas the target price for the stock was revised from $55 to $57.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 04 ’25 when NANCE STEVEN W sold 5,501 shares for $38.18 per share. The transaction valued at 210,028 led to the insider holds 36,632 shares of the business.

NANCE STEVEN W bought 5,501 shares of OVV for $210,028 on Jun 04 ’25.

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 10405591040 and an Enterprise Value of 16634960896. As of this moment, Ovintiv’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.06, and their Forward P/E ratio for the next fiscal year is 7.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 1.863 whereas that against EBITDA is 3.709.

Stock Price History:

The Beta on a monthly basis for OVV is 1.11, which has changed by -0.14386487 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, OVV has reached a high of $48.81, while it has fallen to a 52-week low of $29.80. The 50-Day Moving Average of the stock is 3.60%, while the 200-Day Moving Average is calculated to be -0.68%.

Shares Statistics:

For the past three months, OVV has traded an average of 3.69M shares per day and 2825240 over the past ten days. A total of 261.10M shares are outstanding, with a floating share count of 258.54M. Insiders hold about 0.49% of the company’s shares, while institutions hold 89.67% stake in the company. Shares short for OVV as of 1749772800 were 6567193 with a Short Ratio of 1.87, compared to 1747267200 on 9654299. Therefore, it implies a Short% of Shares Outstanding of 6567193 and a Short% of Float of 3.32.

Dividends & Splits

According to the company, the forward annual dividend rate for OVV is 1.20, from 1.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.029985009The stock’s 5-year Average Dividend Yield is 2.26. The current Payout Ratio is 28.52% for OVV, which recently paid a dividend on 2025-06-13 with an ex-dividend date of 2025-06-13. Stock splits for the company last occurred on 2020-01-27 when the company split stock in a 1:5 ratio.

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