Ovintiv Inc’s recently made public that its Director NANCE STEVEN W unloaded Company’s shares for reported $0.21 million on Jun 04 ’25. In the deal valued at $38.18 per share,5,501 shares were sold. As a result of this transaction, NANCE STEVEN W now holds 36,632 shares worth roughly $1.48 million.
Then, NANCE STEVEN W bought 5,501 shares, generating $210,028 in total proceeds.
Goldman upgraded its Ovintiv Inc [OVV] rating to a Buy from a a Neutral in a research note published recently. BMO Capital Markets also remained covering OVV and has increased its forecast on March 24, 2025 with a “an Outperform” recommendation from previously “Market perform” rating. BofA Securities revised its rating on January 13, 2025. It rated OVV as “a Buy” which previously was an “a Neutral”.
Price Performance Review of OVV
On Tuesday, Ovintiv Inc [NYSE:OVV] saw its stock fall -2.72% to $40.48. Over the last five days, the stock has lost -1.56%. Ovintiv Inc shares have fallen nearly -15.95% since the year began. Nevertheless, the stocks have fallen -0.05% over the past one year. While a 52-week high of $49.57 was reached on 01/23/25, a 52-week low of $29.80 was recorded on 04/09/25.
Levels Of Support And Resistance For OVV Stock
The 24-hour chart illustrates a support level at 40.02, which if violated will result in even more drops to 39.55. On the upside, there is a resistance level at 41.40. A further resistance level may holdings at 42.31.
How much short interest is there in Ovintiv Inc?
A steep rise in short interest was recorded in Ovintiv Inc stocks on 2025-06-13, dropping by -3.09 million shares to a total of 6.57 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 9.65 million shares. There was a decline of -47.01%, which implies that there is a negative sentiment for the stock.
