Cenovus Energy Inc. (NYSE:CVE) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.
Cenovus Energy Inc. (NYSE:CVE) lost -4.03 Percent and closed its previous trading session at $9.28. The stock traded with the average Volume of 4.41 Million at the end of last session.
Cenovus Energy Inc. (NYSE:CVE) has the Market Capitalization of 11.02 Billion. The Stock has its 52-week High of $16.82 and 52-Week Low of $ 6.76 and it touched its 52-week high on 12/12/16 and 52-Week Low on 06/23/17.
The company reported its last earnings Actual EPS of $0.19/share. While, the analyst predicted that the company could provide an EPS of $0.12/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.07/share which shows an Earnings Surprise of 58.3 Percent.
Several analysts are forecasting growth estimate of Cenovus Energy Inc. for the current quarter to be -25.8%. Their projections for the Next Quarter growth is 125 percent. While for the Next 5 years, the company could expect a growth of 54.41% per annum, whereas in the past Five years Cenovus Energy Inc. (NYSE:CVE) showed a growth of -0.51 Percent per annum.
Sell side analysts plays vital role in buying and selling a stock where 4 analysts rated Cenovus Energy Inc. (NYSE:CVE) as Buy, 4 analysts given Outperform signal, 6 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -8.41% where SMA50 and SMA200 are -7.06% and -2.8% respectively.
The company shows its Return on Assets (ROA) value of 8.4%. The Return on Equity (ROE) value stands at 18.4%. While it’s Return on Investment (ROI) value is 0.2%.
Cenovus Energy Inc. (NYSE:CVE) currently has a Weekly Volatility of 3.91% percent while its Monthly Volatility is at 3.29% percent. While talking about Performance of the Stock, Cenovus Energy Inc. currently has a Weekly performance of 0.87%, monthly performance percentage is -17.36 percent, Quarterly performance is 10.48 percent, 6 months performance shows a percent value of 17.77% and Yearly Performance is -40.97 percent.
Cenovus Energy is an integrated oil company headquartered in Calgary, Alberta. The Company’s operations include their growing enhanced oil projects and established natural gas and crude oil production in Alberta and Saskatchewan. The Company has four top-quality enhanced oil projects: Foster Creek, Christina Lake, Pelican Lake and Weyburn. Foster Creek, Christina Lake and Pelican Lake are located in northeast Alberta, and Weyburn is in Saskatchewan. The Company also has ownership interest in two high-quality refineries in Illinois and Texas. Cenovus Energy’s ongoing objective is to advance technologies that reduce the amount of water, steam, natural gas and electricity used in their operations and to decrease surface land disturbance.