Cenovus Energy Inc (NYSE:CVE) currently has a daily average trading volume of 11.77M but it saw 9356441 shares traded in last market. With a market cap of 38.67B USD, the company’s current market price of $20.66 came falling about -0.19 while comparing to the previous closing price of $20.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.90 and as low as $14.69.
Taking a look at 20-day trading activity of Cenovus Energy Inc (CVE) gives us an average price of $20.58, while its current price level is -5.66% below from 52-week high level whereas it is 40.64% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $18.77 while that of 200 days or SMA-200 reads an average of $18.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.86% during that period while stretching the period over a month that decreases to 2.14%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 60.78 which implies that the stock is in neutral territory.
Over the week, CVE’s stock price is moving -2.04% down while it is 8.34% when we observe its performance for the past one month. Year-to-date it is 24.08% up and over the past year, the stock is showing an upside performance of 15.23%.
Currently, Cenovus Energy Inc’s total number of outstanding shares is 1.87B. Company’s return on investment (ROI) stands at 10.45% and return on equity (ROE) at 14.49%. It has a price to earnings ratio (P/E ratio) of 13.10 while having a 9.31 of forward P/E ratio. Stock’s beta reads 2.11. Stock has a price to book (P/B) ratio of 1.81 while price to sale or P/S ratio amounts to 1.00. Its return on asset (ROA) is 7.43% on average.
