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 1.31M but it saw 3376432 shares traded in last market. With a market cap of 1.72B USD, the company’s current market price of $17.11 came falling about -5.26 while comparing to the previous closing price of $18.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.07 and as low as $17.50. In the recent trading on the day, stock has struck highest price mark of $16.75 while lowest mark touched by it was $18.21.

Taking a look at 20-day trading activity of CVR Energy Inc (CVI) gives us an average price of $23.61, while its current price level is -55.06% below from 52-week high level whereas it is -2.23% 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 $23.56 while that of 200 days or SMA-200 reads an average of $28.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.58% during that period while stretching the period over a month that decreases to 3.87%. 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 21.23 which implies that the stock is in oversold territory.

Over the week, CVI’s stock price is moving -28.44% down while it is -27.19% when we observe its performance for the past one month. Year-to-date it is -43.53% down and over the past year, the stock is showing a downside performance of -42.81%.

Currently, CVR Energy Inc’s total number of outstanding shares is 100.53M. Company’s return on investment (ROI) stands at 3.10% and return on equity (ROE) at 8.58%. It has a price to earnings ratio (P/E ratio) of 24.57 while having a 17.27 of forward P/E ratio. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 2.55 while price to sale or P/S ratio amounts to 0.22. Its return on asset (ROA) is 1.69% on average.