Cenovus Energy Inc (NYSE:CVE) currently has a daily average trading volume of 11.55M but it saw 10717880 shares traded in last market. With a market cap of 21.26B USD, the company’s current market price of $11.66 came rising about 2.91 while comparing to the previous closing price of $11.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.47 and as low as $10.23. In the recent trading on the day, stock has struck highest price mark of $11.36 while lowest mark touched by it was $11.83.
Taking a look at 20-day trading activity of Cenovus Energy Inc (CVE) gives us an average price of $12.79, while its current price level is -45.70% below from 52-week high level whereas it is 13.98% 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 $13.54 while that of 200 days or SMA-200 reads an average of $16.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.18% during that period while stretching the period over a month that increases to 5.26%. 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 40.89 which implies that the stock is in neutral territory.
Over the week, CVE’s stock price is moving -2.91% down while it is -14.33% when we observe its performance for the past one month. Year-to-date it is -23.04% down and over the past year, the stock is showing a downside performance of -42.98%.
The company is expected to be releasing its next quarterly report on 2025-Feb-19, for which analysts forecasted an EPS of 0.28 while estimate for next year EPS is 1.2. 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 $50.1B and seeing the company making $50.96B 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 30.29% of that held by the insiders while 50.02% 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 9.68 while having a 7.52 of forward P/E ratio. Stock’s beta reads 1.00. Stock has a price to book (P/B) ratio of 1.04 while price to sale or P/S ratio amounts to 0.54. Its return on asset (ROA) is 5.76% on average.
