A new trading day began on Monday, with Cenovus Energy Inc (NYSE: CVE) stock price down -2.56% from the previous day of trading, before settling in for the closing price of $15.25. CVE’s price has ranged from $14.62 to $21.79 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 48.28% over the last five years. Meanwhile, its annual earnings per share averaged -5.87%. With a float of $1.27 billion, this company’s outstanding shares have now reached $1.83 billion.
The firm has a total of 6925 workers. Let’s measure their productivity. In terms of profitability, gross margin is 17.05%, operating margin of 9.15%, and the pretax margin is 8.67%.
Cenovus Energy Inc (CVE) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Integrated Industry. The insider ownership of Cenovus Energy Inc is 30.23%, while institutional ownership is 52.84%.
Cenovus Energy Inc (CVE) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -5.87% per share during the next fiscal year.
Cenovus Energy Inc (NYSE: CVE) Trading Performance Indicators
Here are Cenovus Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 6.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.44, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.47 in one year’s time.
Technical Analysis of Cenovus Energy Inc (CVE)
Analysing the last 5-days average volume posted by the [Cenovus Energy Inc, CVE], we can find that recorded value of 8.72 million was lower than the volume posted last year of 8.8 million. As of the previous 9 days, the stock’s Stochastic %D was 11.98%. Additionally, its Average True Range was 0.47.
During the past 100 days, Cenovus Energy Inc’s (CVE) raw stochastic average was set at 0.72%, which indicates a significant decrease from 2.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.37% in the past 14 days, which was lower than the 31.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.24, while its 200-day Moving Average is $18.49. Now, the first resistance to watch is $15.08. This is followed by the second major resistance level at $15.31. The third major resistance level sits at $15.44. If the price goes on to break the first support level at $14.73, it is likely to go to the next support level at $14.60. Now, if the price goes above the second support level, the third support stands at $14.37.
Cenovus Energy Inc (NYSE: CVE) Key Stats
With a market capitalization of 27.14 billion, the company has a total of 1,825,252K Shares Outstanding. Currently, annual sales are 38,673 M while annual income is 3,044 M. The company’s previous quarter sales were 10,445 M while its latest quarter income was 601,060 K.
