Should You Sell CVR Energy Inc (CVI) And Go Away This Year?

CVR Energy Inc (NYSE:CVI) currently has a daily average trading volume of 1.23M but it saw 1466501 shares traded in last market. With a market cap of 2.51B USD, the company’s current market price of $24.93 came rising about 4.75 while comparing to the previous closing price of $23.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.07 and as low as $21.05. In the recent trading on the day, stock has struck highest price mark of $23.424 while lowest mark touched by it was $25.085.

Taking a look at 20-day trading activity of CVR Energy Inc (CVI) gives us an average price of $23.05, while its current price level is -34.52% below from 52-week high level whereas it is 18.43% 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 $24.54 while that of 200 days or SMA-200 reads an average of $29.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.88% during that period while stretching the period over a month that increases to 4.05%. 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 59.41 which implies that the stock is in neutral territory.

Over the week, CVI’s stock price is moving 8.67% up while it is 1.96% when we observe its performance for the past one month. Year-to-date it is -17.72% down and over the past year, the stock is showing a downside performance of -19.02%.

Currently, CVR Energy Inc’s total number of outstanding shares is 100.53M. Company’s return on investment (ROI) stands at 22.47% and return on equity (ROE) at 68.20%. It has a price to earnings ratio (P/E ratio) of 4.58 while having a 18.67 of forward P/E ratio. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 2.95 while price to sale or P/S ratio amounts to 0.29. Its return on asset (ROA) is 13.31% on average.