Cenovus Energy Inc (NYSE:CVE) currently has a daily average trading volume of 7.99M but it saw 4870530 shares traded in last market. With a market cap of 31.29B USD, the company’s current market price of $16.86 came rising about 0.18 while comparing to the previous closing price of $16.83. 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 $16.7425 while lowest mark touched by it was $17.045.
Taking a look at 20-day trading activity of Cenovus Energy Inc (CVE) gives us an average price of $17.33, while its current price level is -22.63% below from 52-week high level whereas it is 15.34% 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 $17.76 while that of 200 days or SMA-200 reads an average of $18.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.89% during that period while stretching the period over a month that increases to 2.55%. 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 42.29 which implies that the stock is in neutral territory.
Over the week, CVE’s stock price is moving -4.15% down while it is 0.90% when we observe its performance for the past one month. Year-to-date it is 1.76% up and over the past year, the stock is showing a downside performance of -19.36%.
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 9.06 while having a 10.11 of forward P/E ratio. Stock’s beta reads 2.06. Stock has a price to book (P/B) ratio of 1.45 while price to sale or P/S ratio amounts to 0.76. Its return on asset (ROA) is 8.68% on average.
