Cenovus Energy Inc (NYSE:CVE) currently has a daily average trading volume of 6.97M but it saw 5601212 shares traded in last market. With a market cap of 32.72B USD, the company’s current market price of $17.63 came falling about -1.89 while comparing to the previous closing price of $17.97. 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. In the recent trading on the day, stock has struck highest price mark of $17.595 while lowest mark touched by it was $18.09.
Taking a look at 20-day trading activity of Cenovus Energy Inc (CVE) gives us an average price of $18.81, while its current price level is -19.10% below from 52-week high level whereas it is 20.61% 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 $19.28 while that of 200 days or SMA-200 reads an average of $18.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.19% during that period while stretching the period over a month that increases to 2.28%. 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 34.93 which implies that the stock is in neutral territory.
Over the week, CVE’s stock price is moving -6.07% down while it is -0.90% when we observe its performance for the past one month. Year-to-date it is 6.41% up and over the past year, the stock is showing a downside performance of -12.07%.
Currently, Cenovus Energy Inc’s total number of outstanding shares is 1.87B. Company’s return on investment (ROI) stands at 12.14% and return on equity (ROE) at 16.63%. It has a price to earnings ratio (P/E ratio) of 9.48 while having a 7.57 of forward P/E ratio. Stock’s beta reads 2.06. Stock has a price to book (P/B) ratio of 1.52 while price to sale or P/S ratio amounts to 0.79. Its return on asset (ROA) is 8.68% on average.
