Ratio Revelations: Cenovus Energy Inc (CVE)’s Financial Metrics in the Spotlight

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Cenovus Energy Inc (NYSE: CVE) closed the day trading at $11.19 down -0.53% from the previous closing price of $11.25. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 14.64 million shares were traded. CVE stock price reached its highest trading level at $11.615 during the session, while it also had its lowest trading level at $10.5235.

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 9.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.33.

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 20714366976 and an Enterprise Value of 28421177344. As of this moment, Cenovus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.29, and their Forward P/E ratio for the next fiscal year is 6.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 0.524 whereas that against EBITDA is 2.966.

Stock Price History:

The Beta on a monthly basis for CVE is 1.03, which has changed by -0.48122394 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, CVE has reached a high of $21.79, while it has fallen to a 52-week low of $11.10. The 50-Day Moving Average of the stock is -20.09%, while the 200-Day Moving Average is calculated to be -31.74%.

Shares Statistics:

Over the past 3-months, CVE traded about 11.28M shares per day on average, while over the past 10 days, CVE traded about 9732010 shares per day. A total of 1.82B shares are outstanding, with a floating share count of 1.27B. Insiders hold about 30.32% of the company’s shares, while institutions hold 50.80% stake in the company. Shares short for CVE as of 1741910400 were 57415596 with a Short Ratio of 5.09, compared to 1739491200 on 12886911.

Dividends & Splits

CVE’s forward annual dividend rate is 0.51, up from 0.815 a year ago. Against a Trailing Annual Dividend Yield of 0.07244445The stock’s 5-year Average Dividend Yield is 1.86.

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