$11.80M in average volume shows that Cenovus Energy Inc (CVE) is heading in the right direction

Steve Mayer

Cenovus Energy Inc (NYSE: CVE) kicked off on Monday, down -5.08% from the previous trading day, before settling in for the closing price of $17.53. Over the past 52 weeks, CVE has traded in a range of $10.23-$18.75.

Energy Sector giant saw their annual sales slid by -1.85% over the last five years. While this was happening, its average annual earnings per share was recorded 21.60%. With a float of $1.35 billion, this company’s outstanding shares have now reached $1.76 billion.

Cenovus Energy Inc (CVE) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Integrated Industry. The insider ownership of Cenovus Energy Inc is 28.45%, while institutional ownership is 53.36%. 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) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.19 earnings per share (EPS), higher than consensus estimate (set at 0.19) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 21.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.25% 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

Take a look at Cenovus Energy Inc’s (CVE) current performance indicators. Last quarter, stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87. Likewise, its price to free cash flow for the trailing twelve months is 15.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.23, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.26 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 13.45 million was lower than the volume posted last year of 22.85 million. As of the previous 9 days, the stock’s Stochastic %D was 71.52%.

During the past 100 days, Cenovus Energy Inc’s (CVE) raw stochastic average was set at 47.18%, which indicates a significant increase from 40.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.42 in the past 14 days, which was lower than the 0.46 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.43, while its 200-day Moving Average is $15.31. Now, the first resistance to watch is $17.19. This is followed by the second major resistance level at $17.74. The third major resistance level sits at $18.44. If the price goes on to break the first support level at $15.95, it is likely to go to the next support level at $15.25. Should the price break the second support level, the third support level stands at $14.70.

Cenovus Energy Inc (NYSE: CVE) Key Stats

The company with the Market Capitalisation of 31.46 billion has total of 1,884,165K Shares Outstanding. Its annual sales at the moment are 39,611 M in contrast with the sum of 2,293 M annual income. Company’s last quarter sales were recorded 9,578 M and last quarter income was 933,510 K.

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