On Thursday, Cenovus Energy Inc (NYSE: CVE) remained unchanged from the previous day of trading 3.77% from the last session, before settling in for the closing price of $11.66. Price fluctuations for CVE have ranged from $10.23 to $21.47 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 49.85%. Company’s average yearly earnings per share was noted 4.46% at the time writing. With a float of $1.27 billion, this company’s outstanding shares have now reached $1.82 billion.
Let’s determine the extent of company efficiency that accounts for 7150 employees. In terms of profitability, gross margin is 19.34%, operating margin of 8.56%, and the pretax margin is 7.04%.
Cenovus Energy Inc (CVE) Breakdown of a Key Holders of the stock
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 30.32%, while institutional ownership is 50.54%.
Cenovus Energy Inc (CVE) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.90% during the next five years compared to -1.85% drop over the previous five years of trading.
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 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.56. Likewise, its price to free cash flow for the trailing twelve months is 7.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.21, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 1.52 in one year’s time.
Technical Analysis of Cenovus Energy Inc (CVE)
Looking closely at Cenovus Energy Inc (NYSE: CVE), its last 5-days average volume was 9.52 million, which is a drop from its year-to-date volume of 11.31 million. As of the previous 9 days, the stock’s Stochastic %D was 66.06%. Additionally, its Average True Range was 0.69.
During the past 100 days, Cenovus Energy Inc’s (CVE) raw stochastic average was set at 29.26%, which indicates a significant decrease from 48.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.15% in the past 14 days, which was higher than the 47.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.48, while its 200-day Moving Average is $16.08. However, in the short run, Cenovus Energy Inc’s stock first resistance to watch stands at $12.30. Second resistance stands at $12.50. The third major resistance level sits at $12.77. If the price goes on to break the first support level at $11.83, it is likely to go to the next support level at $11.56. Now, if the price goes above the second support level, the third support stands at $11.36.
Cenovus Energy Inc (NYSE: CVE) Key Stats
There are currently 1,822,569K shares outstanding in the company with a market cap of 22.07 billion. Presently, the company’s annual sales total 39,611 M according to its annual income of 2,293 M. Last quarter, the company’s sales amounted to 8,359 M and its income totaled 89,500 K.
