Market Highlights: Cenovus Energy Inc (CVE) Ends on a High Note at 17.86

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The price of Cenovus Energy Inc (NYSE: CVE) closed at $17.86 in the last session, up 1.53% from day before closing price of $17.59. In other words, the price has increased by $1.53 from its previous closing price. On the day, 8.07 million shares were traded. CVE stock price reached its highest trading level at $17.9299 during the session, while it also had its lowest trading level at $17.515.

Ratios:

We take a closer look at CVE’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.32.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVE now has a Market Capitalization of 33288718336 and an Enterprise Value of 40540983296. As of this moment, Cenovus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.60, and their Forward P/E ratio for the next fiscal year is 9.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 0.724 whereas that against EBITDA is 3.597.

Stock Price History:

Over the past 52 weeks, CVE has reached a high of $21.79, while it has fallen to a 52-week low of $14.62. The 50-Day Moving Average of the stock is 0.16%, while the 200-Day Moving Average is calculated to be -3.54%.

Shares Statistics:

According to the various share statistics, CVE traded on average about 8.00M shares per day over the past 3-months and 9264320 shares per day over the past 10 days. A total of 1.87B shares are outstanding, with a floating share count of 1.30B. Insiders hold about 29.77% of the company’s shares, while institutions hold 53.98% stake in the company. Shares short for CVE as of 1727654400 were 27149381 with a Short Ratio of 3.39, compared to 1724976000 on 13244726.

Dividends & Splits

The forward annual dividend rate for CVE is 0.47, which was 0.6 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.034110293The stock’s 5-year Average Dividend Yield is 1.71.

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