Cenovus Energy Inc (CVE) kicked off at the price of $17.77: Venture capitalists have an exciting new opportunity

Sana Meer

A new trading day began on Friday, with Cenovus Energy Inc (NYSE: CVE) stock price up 0.40% from the previous day of trading, before settling in for the closing price of $17.7. CVE’s price has ranged from $10.23 to $18.61 over the past 52 weeks.

During the last 5-year period, the sales drop of Energy Sector giant was -1.85%. Meanwhile, its annual earnings per share averaged -2.18%. With a float of $1.26 billion, this company’s outstanding shares have now reached $1.80 billion.

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 29.80%, while institutional ownership is 51.20%. The most recent insider transaction that took place on Aug 06 ’25, was worth 9,922,988. Before that another transaction happened on Jun 17 ’25, when Company’s Affiliate proposed sale 684,838 for $14.80, making the entire transaction worth $10,136,493.

Cenovus Energy Inc (CVE) Recent Fiscal highlights

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.3 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -2.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.02% 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

Here are Cenovus Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86. Likewise, its price to free cash flow for the trailing twelve months is 15.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.02, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.12 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 32.19 million, which is a jump from its year-to-date volume of 13.13 million. As of the previous 9 days, the stock’s Stochastic %D was 77.20%.

During the past 100 days, Cenovus Energy Inc’s (CVE) raw stochastic average was set at 93.84%, which indicates a significant increase from 79.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.52 in the past 14 days, which was higher than the 0.43 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.88, while its 200-day Moving Average is $14.36. However, in the short run, Cenovus Energy Inc’s stock first resistance to watch stands at $18.09. Second resistance stands at $18.41. The third major resistance level sits at $18.64. If the price goes on to break the first support level at $17.54, it is likely to go to the next support level at $17.30. Now, if the price goes above the second support level, the third support stands at $16.98.

Cenovus Energy Inc (NYSE: CVE) Key Stats

With a market capitalization of 31.98 billion, the company has a total of 1,787,331K Shares Outstanding. Currently, annual sales are 39,611 M while annual income is 2,293 M. The company’s previous quarter sales were 8,907 M while its latest quarter income was 615,270 K.

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