Ovintiv Inc (NYSE: OVV) has recently experienced meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent extremely meaningful negative changes in investment behavior have impacted Ovintiv Inc (NYSE: OVV): negative upside/downside volume developed, and its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Ovintiv has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Ovintiv has a very high Appreciation Score of 93 but a poor Power Rating of 24, leading to the High Neutral Value Trend Rating.
Recent Price Action
Ovintiv Inc (NYSE: OVV) stock closed at $37.74 on 12/19/24 after a slight decline of -0.7%. Trading volume in this decline was normal. The stock has declined -10.7% during the last week and has been weak relative to the market over the last nine months.
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