Cenovus Energy Inc (NYSE: CVE) started the day on Thursday, with a price increase of 0.90% at $15.64, before settling in for the price of $15.50 at the close. Taking a more long-term approach, CVE posted a 52-week range of $14.62-$21.79.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that the giant of the Energy sector posted annual sales growth of 48.28% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -5.90%. This publicly-traded company’s shares outstanding now amounts to $1.83 billion, simultaneously with a float of $1.28 billion. The organization now has a market capitalization sitting at $28.57 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.53, while the 200-day Moving Average is $18.58.
Cenovus Energy Inc (CVE) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Integrated Industry. Cenovus Energy Inc’s current insider ownership accounts for 29.75%, in contrast to 51.38% institutional ownership.
Cenovus Energy Inc (CVE) Earnings and Revenue Records
Cenovus Energy Inc’s EPS decrease for this current 12-month fiscal period is -5.90% and is forecasted to reach 1.51 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 0.38. Alongside those numbers, its PE Ratio stands at $10.85, and its Beta score is 2.02. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.70. Similarly, its price to free cash flow for trailing twelve months is now 7.12.
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 0.32 in the next quarter, and analysts are predicting that it will be 1.51 at the market close of one year from today.
Technical Analysis of Cenovus Energy Inc (CVE)
If we take a close look at the recent performances of Cenovus Energy Inc (NYSE: CVE), its last 5-days Average volume was 5.58 million that shows plunge from its year to date volume of 8.83 million. During the previous 9 days, stock’s Stochastic %D was recorded 33.75% While, its Average True Range was 0.36.
Raw Stochastic average of Cenovus Energy Inc (CVE) in the period of the previous 100 days is set at 6.76%, which indicates a major fall in contrast to 28.45% 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 22.64% that was lower than 30.48% volatility it exhibited in the past 100-days period.
