Are Analysts Too Bullish On CVR Energy Inc (CVI)

CVR Energy Inc (NYSE:CVI) currently has a daily average trading volume of 1.45M but it saw 1390406 shares traded in last market. With a market cap of 1.88B USD, the company’s current market price of $18.75 came falling about -0.21 while comparing to the previous closing price of $18.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.07 and as low as $15.60. In the recent trading on the day, stock has struck highest price mark of $18.35 while lowest mark touched by it was $18.9.

Taking a look at 20-day trading activity of CVR Energy Inc (CVI) gives us an average price of $19.78, while its current price level is -50.75% below from 52-week high level whereas it is 20.19% 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 $22.00 while that of 200 days or SMA-200 reads an average of $27.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.58% during that period while stretching the period over a month that increases to 4.64%. 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 42.32 which implies that the stock is in neutral territory.

Over the week, CVI’s stock price is moving 13.50% up while it is -21.48% when we observe its performance for the past one month. Year-to-date it is -38.12% down and over the past year, the stock is showing a downside performance of -41.48%.

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 26.92 while having a 33.07 of forward P/E ratio. Stock’s beta reads 1.58. Stock has a price to book (P/B) ratio of 2.79 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is 1.69% on average.