Market Resilience: Cenovus Energy Inc (CVE) Finishes Weak at 18.85, Down -6.36

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Cenovus Energy Inc (NYSE: CVE) closed the day trading at $18.85 down -6.36% from the previous closing price of $20.13. In other words, the price has decreased by -$6.36 from its previous closing price. On the day, 14.0 million shares were traded. CVE stock price reached its highest trading level at $20.4 during the session, while it also had its lowest trading level at $18.7263.

Ratios:

For a better understanding of CVE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.86. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.70. 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 35159019520 and an Enterprise Value of 43024789504. As of this moment, Cenovus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.46, and their Forward P/E ratio for the next fiscal year is 8.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 0.807 whereas that against EBITDA is 3.993.

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 -4.12%, while the 200-Day Moving Average is calculated to be 1.51%.

Shares Statistics:

Over the past 3-months, CVE traded about 6.65M shares per day on average, while over the past 10 days, CVE traded about 6830780 shares per day. A total of 1.87B shares are outstanding, with a floating share count of 1.31B. Insiders hold about 29.62% of the company’s shares, while institutions hold 55.75% stake in the company. Shares short for CVE as of 1721001600 were 17761336 with a Short Ratio of 2.67, compared to 1718323200 on 47476628.

Dividends & Splits

CVE’s forward annual dividend rate is 0.44, up from 0.56 a year ago. Against a Trailing Annual Dividend Yield of 0.027819177The stock’s 5-year Average Dividend Yield is 1.68.

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