Stock Updates

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 2.95% today. In the last week its performance is 6.75%, and 6.82% for the past quarter. Currently, Cenovus Energy Inc., CVE has a target price of 16.19, so today’s gain of 2.95% is a significant step towards its target price. The GAP today is therefore 1.61%.

Cenovus Energy Inc. (NYSE:CVE), has a market cap of 12968.28, and is based in Canada. Insider ownership is at 0.10%, and institutional ownership is 73.10%.

At the current price of 15.34, it has a dividend yield of 0.98%, and its target price is 16.19. 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 21.79, as well as a forward P/E of *TBA.

With a current EPS of 0.7, and a forecasted EPS growth for next year at 81.40%,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 53.12%.

Performance for the year is -9.39%. Since its IPO date on 11/17/2009, the total performance to date is 21.55%.

Volume today for Cenovus Energy Inc. (NYSE:CVE), is 1295652, while its average volume is 1822.75. Whilst the total gain today was 2.95%, it did have a day high of -2.42%.

Volatility for this week has been at 2.75%, and 3.03% for the month. The 52-week low for Cenovus Energy Inc., CVE has been 68.57%, while the 52-week-high has reached -10.97%.

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 0.41, and the P/S is 1.5, along with a P/B of 1.45. Meanwhile it has a p/cash of 4.53.

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.

About the author

Stephen Butters

Leave a Comment