Cenovus Energy Inc (NYSE:CVE) currently has a daily average trading volume of 10.77M but it saw 9276496 shares traded in last market. With a market cap of 24.11B USD, the company’s current market price of $13.22 came rising about 2.08 while comparing to the previous closing price of $12.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.79 and as low as $12.07. In the recent trading on the day, stock has struck highest price mark of $12.98 while lowest mark touched by it was $13.3.
Taking a look at 20-day trading activity of Cenovus Energy Inc (CVE) gives us an average price of $13.91, while its current price level is -39.34% below from 52-week high level whereas it is 9.48% 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 $14.57 while that of 200 days or SMA-200 reads an average of $16.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.08% during that period while stretching the period over a month that decreases to 3.53%. 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 41.95 which implies that the stock is in neutral territory.
Over the week, CVE’s stock price is moving 6.96% up while it is -13.03% when we observe its performance for the past one month. Year-to-date it is -12.74% down and over the past year, the stock is showing a downside performance of -24.77%.
Currently, Cenovus Energy Inc’s total number of outstanding shares is 1.82B with 30.36% of that held by the insiders while 50.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.28% and return on equity (ROE) at 10.88%. It has a price to earnings ratio (P/E ratio) of 10.97 while having a 7.46 of forward P/E ratio. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 1.18 while price to sale or P/S ratio amounts to 0.61. Its return on asset (ROA) is 5.76% on average.
