As on Thursday, Cenovus Energy Inc (NYSE: CVE) started slowly as it slid -1.87% to $16.75, before settling in for the price of $17.07 at the close. Taking a more long-term approach, CVE posted a 52-week range of $10.23-$18.60.
The Energy Sector giants’ yearly sales growth during the last 5-year period was -1.85%. Meanwhile, its Annual Earning per share during the time was -1.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.31%. This publicly-traded company’s shares outstanding now amounts to $1.80 billion, simultaneously with a float of $1.26 billion. The organization now has a market capitalization sitting at $30.15 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.99, while the 200-day Moving Average is $14.61.
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 29.80%, in contrast to 51.62% institutional ownership.
Cenovus Energy Inc (CVE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.44 per share during the current fiscal year.
Cenovus Energy Inc’s EPS increase for this current 12-month fiscal period is 1.31% and is forecasted to reach 1.14 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.64% through the next 5 years, which can be compared against the -1.85% growth it accomplished over the previous five years trading on the market.
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 0.78. Alongside those numbers, its PE Ratio stands at $16.45, and its Beta score is 0.87. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.81. Similarly, its price to free cash flow for trailing twelve months is now 14.22.
In the same vein, CVE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.02, a figure that is expected to reach 0.37 in the next quarter, and analysts are predicting that it will be 1.14 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 10.84 million was lower the volume of 13.71 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 32.42% While, its Average True Range was 42.96.
Raw Stochastic average of Cenovus Energy Inc (CVE) in the period of the previous 100 days is set at 63.88%, which indicates a major rise in contrast to 16.10% 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 0.40 that was lower than 0.44 volatility it exhibited in the past 100-days period.
