Witnessing the stock’s movement on the chart, on Wednesday, Cenovus Energy Inc (NYSE: CVE) had a quiet start as it plunged -0.77% to $18.13, before settling in for the price of $18.27 at the close. Taking a more long-term approach, CVE posted a 52-week range of $10.23-$18.60.
The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded -1.85%. Meanwhile, its Annual Earning per share during the time was -1.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.89%. This publicly-traded company’s shares outstanding now amounts to $1.76 billion, simultaneously with a float of $1.26 billion. The organization now has a market capitalization sitting at $32.63 billion. At the time of writing, stock’s 50-day Moving Average stood at $17.13, while the 200-day Moving Average is $14.72.
Cenovus Energy Inc (CVE) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Integrated industry. Cenovus Energy Inc’s current insider ownership accounts for 29.80%, in contrast to 51.79% institutional ownership.
Cenovus Energy Inc (CVE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
Cenovus Energy Inc’s EPS increase for this current 12-month fiscal period is 14.89% and is forecasted to reach 1.22 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.33% 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 1.18. Alongside those numbers, its PE Ratio stands at $14.72, and its Beta score is 0.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.90. Similarly, its price to free cash flow for trailing twelve months is now 16.37.
In the same vein, CVE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.23, a figure that is expected to reach 0.25 in the next quarter, and analysts are predicting that it will be 1.22 at the market close of one year from today.
Technical Analysis of Cenovus Energy Inc (CVE)
Going through the that latest performance of [Cenovus Energy Inc, CVE]. Its last 5-days volume of 10.77 million was inferior to the volume of 13.6 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 92.01% While, its Average True Range was 67.89.
Raw Stochastic average of Cenovus Energy Inc (CVE) in the period of the previous 100 days is set at 90.75%, which indicates a major rise in contrast to 85.87% 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.
