Cenovus Energy Inc (NYSE:CVE) currently has a daily average trading volume of 11.55M but it saw 22806966 shares traded in last market. With a market cap of 21.90B USD, the company’s current market price of $12.01 came rising about 13.52 while comparing to the previous closing price of $10.58. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.79 and as low as $10.45. In the recent trading on the day, stock has struck highest price mark of $10.23 while lowest mark touched by it was $12.19.
Taking a look at 20-day trading activity of Cenovus Energy Inc (CVE) gives us an average price of $13.32, while its current price level is -44.89% below from 52-week high level whereas it is 14.93% 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 $13.87 while that of 200 days or SMA-200 reads an average of $16.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.33% during that period while stretching the period over a month that decreases to 4.70%. 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 39.59 which implies that the stock is in neutral territory.
Over the week, CVE’s stock price is moving -14.46% down while it is -7.26% when we observe its performance for the past one month. Year-to-date it is -20.73% down and over the past year, the stock is showing a downside performance of -43.73%.
The company is expected to be releasing its next quarterly report on 2025-Feb-19, for which analysts forecasted an EPS of 0.31 while estimate for next year EPS is 1.33. In next quarter, company is expected to be making quarterly sales of $11.13B as analysts are expecting the sales for current fiscal year at $48.63B and seeing the company making $50.31B in sales next year. Moreover, analysts are in estimates of $12.39B for current-quarter revenue.
Currently, Cenovus Energy Inc’s total number of outstanding shares is 1.82B with 30.36% of that held by the insiders while 50.01% 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 9.97 while having a 7.52 of forward P/E ratio. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 1.07 while price to sale or P/S ratio amounts to 0.55. Its return on asset (ROA) is 5.76% on average.
