Cenovus Energy Inc (NYSE:CVE) currently has a daily average trading volume of 8.09M but it saw 7857444 shares traded in last market. With a market cap of 26.21B USD, the company’s current market price of $14.35 came falling about -0.90 while comparing to the previous closing price of $14.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.79 and as low as $14.44. In the recent trading on the day, stock has struck highest price mark of $14.3214 while lowest mark touched by it was $14.76.
Taking a look at 20-day trading activity of Cenovus Energy Inc (CVE) gives us an average price of $15.37, while its current price level is -34.15% below from 52-week high level whereas it is -0.62% 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 $16.04 while that of 200 days or SMA-200 reads an average of $18.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.29% during that period while stretching the period over a month that decreases to 2.63%. 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 30.11 which implies that the stock is in neutral territory.
Over the week, CVE’s stock price is moving -5.03% down while it is -10.59% when we observe its performance for the past one month. Year-to-date it is -13.39% down and over the past year, the stock is showing a downside performance of -14.36%.
Currently, Cenovus Energy Inc’s total number of outstanding shares is 1.83B. Company’s return on investment (ROI) stands at 9.44% and return on equity (ROE) at 12.72%. It has a price to earnings ratio (P/E ratio) of 9.96 while having a 10.43 of forward P/E ratio. Stock’s beta reads 2.03. Stock has a price to book (P/B) ratio of 1.22 while price to sale or P/S ratio amounts to 0.64. Its return on asset (ROA) is 6.81% on average.
