Cenovus Energy Inc. (NYSE: CVE) open the trading on December 23, 2021, with a bit cautious approach as it glided -0.08% to $12.01. During the day, the stock rose to $12.1225 and sunk to $11.95 before settling in for the price of $12.02 at the close. Taking a more long-term approach, CVE posted a 52-week range of $5.56-$13.48.
The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 2.80%. Meanwhile, its Annual Earning per share during the time was -30.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -208.50%. This publicly-traded company’s shares outstanding now amounts to $2.02 billion, simultaneously with a float of $1.35 billion. The organization now has a market capitalization sitting at $25.33 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.14, while the 200-day Moving Average is $9.48.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 2413 employees. It has generated 5,481,558 per worker during the last fiscal year. Meanwhile, its income per employee was -985,910. The stock had 9.98 Receivables turnover and 0.38 Total Asset turnover. For the Profitability, stocks gross margin was -9.99, operating margin was -12.19 and Pretax Margin of -24.42.
Cenovus Energy Inc. (CVE) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas Integrated industry. Cenovus Energy Inc.’s current insider ownership accounts for 0.10%, in contrast to 73.10% institutional ownership.
Cenovus Energy Inc. (CVE) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2021 suggests? It has posted $0.21 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.33) by -$0.12. This company achieved a net margin of -17.99 while generating a return on equity of -13.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
Cenovus Energy Inc.’s EPS decrease for this current 12-month fiscal period is -208.50% and is forecasted to reach 2.23 in the upcoming year.
Cenovus Energy Inc. (NYSE: CVE) Trading Performance Indicators
Let’s observe the current performance indicators for Cenovus Energy Inc. (CVE). It’s Quick Ratio in the last reported quarter now stands at 0.90. The Stock has managed to achieve an average true range (ATR) of 0.55. Alongside those numbers, its PE Ratio stands at $43.83, and its Beta score is 3.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.90. Similarly, its price to free cash flow for trailing twelve months is now 8.43.
In the same vein, CVE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.27, a figure that is expected to reach 0.54 in the next quarter, and analysts are predicting that it will be 2.23 at the market close of one year from today.
Technical Analysis of Cenovus Energy Inc. (CVE)
[Cenovus Energy Inc., CVE] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 69.29% While, its Average True Range was 0.52.
Raw Stochastic average of Cenovus Energy Inc. (CVE) in the period of the previous 100 days is set at 76.59%, which indicates a major rise in contrast to 55.36% 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 45.02% that was higher than 44.88% volatility it exhibited in the past 100-days period.