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Closing Bell: Ovintiv Inc up on Wednesday (OVV)

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

In trading today, shares of Ovintiv Inc opened at $57.24 and closed at $56.27. It traded at a low of $56.21 to a high of $57.82.

Shares advanced 0.07% from the previous day's close of $56.23.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 157,019 on 1,451 total trades, while having an average volume of 231,645 over 5 days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 52 weeks, Ovintiv Inc's shares have dipped -12.23 percent, while in 2024, they have decreased -3.25%.

Following today's trading, Ovintiv Inc has a market capitalization of $14.93 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.

Based on 21.00 analysts, Ovintiv Inc gets an average recommendation of "Moderate Buy" 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..