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Today’s Top Gainers in the Market Cenovus Energy Inc. (NYSE:CVE) from Basic Materials

Today’s top gainers include the company Cenovus Energy Inc. (NYSE:CVE) which is in the industry Oil & Gas Drilling & Exploration, gaining 2.94% today. In the last week its performance is 1.41%, and -3.67% for the past quarter. Currently, Cenovus Energy Inc., CVE has a target price of 16.31, so today’s gain of 2.94% is a significant step towards its target price. The GAP today is therefore 1.06%.

Cenovus Energy Inc. (NYSE:CVE), has a market cap of 11464.56, and is based in Canada. Insider ownership is at 0.10%, and institutional ownership is 73.10%.

At the current price of 13.66, it has a dividend yield of 1.10%, and its target price is 16.31. This is with a profit margin of 6.80%, and total debt/equity of 0. Cenovus Energy Inc. (NYSE:CVE) has a P/E of 19.32, as well as a forward P/E of *TBA.

With a current EPS of 0.71, and a forecasted EPS growth for next year at 84.70%,Cenovus Energy Inc. (NYSE:CVE) has had a EPS growth for the past five years at -12.00%. For the next five years EPS growth is projected to be 53.34%.

Performance for the year is -10.60%. Since its IPO date on 11/17/2009, the total performance to date is 8.24%.

Volume today for Cenovus Energy Inc. (NYSE:CVE), is 1400891, while its average volume is 1757.57. Whilst the total gain today was 2.94%, it did have a day high of -13.10%.

Volatility for this week has been at 2.38%, and 2.71% for the month. The 52-week low for Cenovus Energy Inc., CVE has been 50.11%, while the 52-week-high has reached -20.72%.

Looking at its return of investments, which is 8.70%, and its return on assets is 3.00%. Cenovus Energy Inc. (NYSE:CVE) has an operating margin of 7.60%. With a sales growth of -56.20% quarter over quarter. Bearing in mind that Cenovus Energy Inc., CVE is in the sector Basic Materials, its long-term debt/equity is 0.53, and has a current ratio of 2.9 and 2.4 for quick ratio.

So what is the value of Cenovus Energy Inc.? Well its PEG is 0.36, and the P/S is 1.32, along with a P/B of 1.28. Meanwhile it has a p/cash of 3.99.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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