Closing Bell: Ovintiv Inc up on Wednesday (OVV)

In trading today, Ovintiv Inc shares closed at $64.43 after opening the day at $63.08. Intraday prices ranged from $63.08 to $64.50.

Shares raised 1.69 percent from the previous day's close of $63.36.

During the day across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

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

Trading volume was 83,632 on 754 total trades, with an average volume of 73,802 over the last 5 days.

The TSX market on the whole today saw 3,274 price advancers against 1,962 declines and 102 unchanged.

During the prior 52 weeks, OVV.TO has traded as high as $76.63 (April 12,2024) and low as $50.11 (July 17,2023). Moreover, in the last 52 weeks, Ovintiv Inc's shares have boosted 27.81%, while in 2024, they have advanced 10.78%.

Following today's trading, Ovintiv Inc has a market capitalization of $16.92 billion on a float of 266,981 shares outstanding. Its annual EPS is $7.17.

Ovintiv Inc is a TSX Oil & Gas E&P company headquartered in Denver, USA.

Ovintiv Inc's average recommendation is "Moderate Buy" based on 20.00 analysts according to Zacks. From those 20 analysts, 12 have buy ratings and 8 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..