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Closing Bell: Ovintiv Inc down on Friday (OVV)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today in trading, shares of Ovintiv Inc opened at $60.67 and closed at $57.67. prices ranged from a low of $56.98 to a high of $60.67.

Shares dipped -6.59% from the previous day's close of $61.74.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Ovintiv Inc traded under OVV on the Toronto Stock Exchange (TSX).

A total of 300,595 shares was traded during the session, with total trades of 2,455, while having an average volume of 192,133 over 5 days.

The TSX overall saw 741 price advancers against 4,512 declines and 69 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 eased -7.33%, while they have eased -0.84% year-to-date.

Following today's trading, Ovintiv Inc has a market capitalization of $16.24 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.

Ovintiv Inc's average recommendation is "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..