Ovintiv Inc. (NYSE: OVV) started the day on April 05, 2021, with a price decrease of -3.94% at $23.90. During the day, the stock rose to $24.63 and sunk to $23.58 before settling in for the price of $24.88 at the close. Taking a more long-term approach, OVV posted a 52-week range of $2.74-$28.69.
The Energy Sector giants’ yearly sales growth during the last 5-year period was 6.60%. Meanwhile, its Annual Earning per share during the time was 5.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 668.60%. This publicly-traded company’s shares outstanding now amounts to $259.80 million, simultaneously with a float of $257.09 million. The organization now has a market capitalization sitting at $5.95 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.61, while the 200-day Moving Average is $14.27.
Ovintiv Inc. (OVV) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas E&P Industry. Ovintiv Inc.’s current insider ownership accounts for 0.20%, in contrast to 70.60% institutional ownership. According to the most recent insider trade that took place on Oct 02, this organization’s EVP, Corporate Services bought 6,000 shares at the rate of 7.42, making the entire transaction reach 44,520 in total value, affecting insider ownership by 6,000. Preceding that transaction, on Sep 25, Company’s Director sold 8,100 for 8.48, making the whole transaction’s value amount to 68,696. This particular insider is now the holder of 16,121 in total.
Ovintiv Inc. (OVV) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2020, the organization reported $0.7 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.53) by $0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.73 per share during the current fiscal year.
Ovintiv Inc.’s EPS increase for this current 12-month fiscal period is 668.60% and is forecasted to reach 3.25 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 51.03% through the next 5 years, which can be compared against the 5.70% growth it accomplished over the previous five years trading on the market.
Ovintiv Inc. (NYSE: OVV) Trading Performance Indicators
Let’s observe the current performance indicators for Ovintiv Inc. (OVV). It’s Quick Ratio in the last reported quarter now stands at 0.50. The Stock has managed to achieve an average true range (ATR) of 1.40. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.98. Similarly, its price to free cash flow for trailing twelve months is now 95.90.
In the same vein, OVV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -21.27, a figure that is expected to reach 0.62 in the next quarter, and analysts are predicting that it will be 3.25 at the market close of one year from today.
Technical Analysis of Ovintiv Inc. (OVV)
If we take a close look at the recent performances of Ovintiv Inc. (NYSE: OVV), its last 5-days Average volume was 2.28 million that shows plunge from its year to date volume of 3.4 million. During the previous 9 days, stock’s Stochastic %D was recorded 74.33% While, its Average True Range was 1.35.
Raw Stochastic average of Ovintiv Inc. (OVV) in the period of the previous 100 days is set at 74.02%, which indicates a major rise in contrast to 29.78% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 54.82% that was lower than 62.20% volatility it exhibited in the past 100-days period.