On Monday, Cenovus Energy Inc (NYSE: CVE) opened lower -1.91% from the last session, before settling in for the closing price of $20.95. Price fluctuations for CVE have ranged from $14.69 to $21.90 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 48.28%. Company’s average yearly earnings per share was noted 23.82% at the time writing. With a float of $1.32 billion, this company’s outstanding shares have now reached $1.87 billion.
The extent of productivity of a business whose workforce counts for 6925 workers is very important to gauge.
Cenovus Energy Inc (CVE) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Integrated industry is another important factor to consider. The insider ownership of Cenovus Energy Inc is 29.51%, while institutional ownership is 56.03%.
Cenovus Energy Inc (CVE) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.82% per share during the next fiscal year.
Cenovus Energy Inc (NYSE: CVE) Trading Performance Indicators
Check out the current performance indicators for Cenovus Energy Inc (CVE). In the past quarter, the stock posted a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.99. Likewise, its price to free cash flow for the trailing twelve months is 16.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.58, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 2.22 in one year’s time.
Technical Analysis of Cenovus Energy Inc (CVE)
The latest stats from [Cenovus Energy Inc, CVE] show that its last 5-days average volume of 12.51 million was superior to 11.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 38.66%. Additionally, its Average True Range was 0.44.
During the past 100 days, Cenovus Energy Inc’s (CVE) raw stochastic average was set at 81.28%, which indicates a significant increase from 41.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.60% in the past 14 days, which was lower than the 27.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.48, while its 200-day Moving Average is $18.32. Now, the first resistance to watch is $20.87. This is followed by the second major resistance level at $21.20. The third major resistance level sits at $21.36. If the price goes on to break the first support level at $20.38, it is likely to go to the next support level at $20.22. The third support level lies at $19.89 if the price breaches the second support level.
Cenovus Energy Inc (NYSE: CVE) Key Stats
There are currently 1,866,302K shares outstanding in the company with a market cap of 38.47 billion. Presently, the company’s annual sales total 38,673 M according to its annual income of 3,044 M. Last quarter, the company’s sales amounted to 9,647 M and its income totaled 540,450 K.
