As on Thursday, Cenovus Energy Inc (NYSE: CVE) got off with the flyer as it spiked 0.99% to $16.34, before settling in for the price of $16.18 at the close. Taking a more long-term approach, CVE posted a 52-week range of $14.62-$21.79.
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The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 48.28%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -3.08%. This publicly-traded company’s shares outstanding now amounts to $1.87 billion, simultaneously with a float of $1.28 billion. The organization now has a market capitalization sitting at $41.65 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.99, while the 200-day Moving Average is $18.63.
Cenovus Energy Inc (CVE) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Integrated industry. Cenovus Energy Inc’s current insider ownership accounts for 29.77%, in contrast to 53.08% institutional ownership.
Cenovus Energy Inc (CVE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.
Cenovus Energy Inc’s EPS decrease for this current 12-month fiscal period is -3.08% and is forecasted to reach 1.56 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 0.95. The Stock has managed to achieve an average true range (ATR) of 0.46. Alongside those numbers, its PE Ratio stands at $11.34, and its Beta score is 2.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.02. Similarly, its price to free cash flow for trailing twelve months is now 10.38.
In the same vein, CVE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.44, a figure that is expected to reach 0.37 in the next quarter, and analysts are predicting that it will be 1.56 at the market close of one year from today.
Technical Analysis of Cenovus Energy Inc (CVE)
Through scrutinizing the latest numbers posted by the [Cenovus Energy Inc, CVE], it can be observed that its last 5-days Average volume of 7.75 million was lower the volume of 8.87 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 47.02% While, its Average True Range was 0.45.
Raw Stochastic average of Cenovus Energy Inc (CVE) in the period of the previous 100 days is set at 13.78%, which indicates a major fall in contrast to 45.69% 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 26.66% that was lower than 31.33% volatility it exhibited in the past 100-days period.
