Cenovus Energy Inc (NYSE: CVE) on Tuesday, plunged -2.17% from the previous trading day, before settling in for the closing price of $17.04. Within the past 52 weeks, CVE’s price has moved between $10.23 and $18.60.
A company in the Energy sector has dropped its sales by -1.85% annually for the last half of the decade. The company achieved an average annual earnings per share of 10.29%. With a float of $1.26 billion, this company’s outstanding shares have now reached $1.76 billion.
Cenovus Energy Inc (CVE) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Integrated industry stocks is more important than anything else. The insider ownership of Cenovus Energy Inc is 29.80%, while institutional ownership is 52.18%. 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) Latest Financial update
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.19 earnings per share (EPS) for the period topping the consensus outlook (set at 0.19) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.26% 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
Cenovus Energy Inc (CVE) is currently performing well based on its current performance indicators. A quick ratio of 1.18 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83. Likewise, its price to free cash flow for the trailing twelve months is 15.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.23, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.22 in one year’s time.
Technical Analysis of Cenovus Energy Inc (CVE)
Let’s dig in a bit further. During the last 5-days, its volume was 12.13 million. That was inferior than the volume of 13.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.43%.
During the past 100 days, Cenovus Energy Inc’s (CVE) raw stochastic average was set at 62.32%, which indicates a significant increase from 11.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.40 in the past 14 days, which was lower than the 0.44 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.04, while its 200-day Moving Average is $14.64. However, in the short run, Cenovus Energy Inc’s stock first resistance to watch stands at $16.76. Second resistance stands at $16.86. The third major resistance level sits at $16.96. If the price goes on to break the first support level at $16.56, it is likely to go to the next support level at $16.46. The third support level lies at $16.36 if the price breaches the second support level.
Cenovus Energy Inc (NYSE: CVE) Key Stats
Market capitalization of the company is 30.00 billion based on 1,766,238K outstanding shares. Right now, sales total 39,611 M and income totals 2,293 M. The company made 9,582 M in profit during its latest quarter, and 933,860 K in sales during its previous quarter.
