Closing Bell: Ovintiv Inc down on Thursday (OVV)

Ovintiv Inc opened trading today at $66.43 and closed at $65.54. Intraday prices ranged from $65.43 to $66.78.

Share prices dipped -1.18% from the previous day's close of $66.32.

Today across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

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

A total of 54,129 shares was traded during the session, with total trades of 466, with an average volume of 76,936 over 5 days.

Trading across the entire TSX saw 1,017 price advancers against 4,222 declines and 91 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 12 months, Ovintiv Inc's shares have boosted 21.82%, while they have boosted 12.69% since the start of 2024.

Following today's trading, Ovintiv Inc has a market capitalization of $17.70 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. Currently, there are 13 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..