Cenovus Energy Inc (NYSE:CVE) currently has a daily average trading volume of 6.65M but it saw 14003564 shares traded in last market. With a market cap of 35.07B USD, the company’s current market price of $18.85 came falling about -6.36 while comparing to the previous closing price of $20.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.79 and as low as $14.62.
Taking a look at 20-day trading activity of Cenovus Energy Inc (CVE) gives us an average price of $19.81, while its current price level is -13.50% below from 52-week high level whereas it is 28.95% 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 $19.63 while that of 200 days or SMA-200 reads an average of $18.62. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.45% during that period while stretching the period over a month that decreases to 2.58%. 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 39.71 which implies that the stock is in neutral territory.
Over the week, CVE’s stock price is moving -4.61% down while it is -6.68% when we observe its performance for the past one month. Year-to-date it is 13.77% up and over the past year, the stock is showing a downside performance of -0.25%.
Currently, Cenovus Energy Inc’s total number of outstanding shares is 1.87B. Company’s return on investment (ROI) stands at 11.81% and return on equity (ROE) at 16.20%. It has a price to earnings ratio (P/E ratio) of 10.46 while having a 8.74 of forward P/E ratio. Stock’s beta reads 2.08. Stock has a price to book (P/B) ratio of 1.63 while price to sale or P/S ratio amounts to 0.89. Its return on asset (ROA) is 8.57% on average.
