Cenovus Energy logged a 0.5% change during today's afternoon session, and is now trading at a price of $20.73 per share. The S&P 500 index moved -1.0%. CVE's trading volume is 13,645,782 compared to the stock's average volume of 11,699,477.
Cenovus Energy trades -8.03% away from its average analyst target price of $22.54 per share. The 9 analysts following the stock have set target prices ranging from $21.03 to $24.66, and on average have given Cenovus Energy a rating of buy.
If you are considering an investment in CVE, you'll want to know the following:
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Cenovus Energy has moved 16.1% over the last year, and the S&P 500 logged a change of 21.6%
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Based on its trailing earnings per share of 1.54, Cenovus Energy has a trailing 12 month Price to Earnings (P/E) ratio of 13.5 while the S&P 500 average is 15.97
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CVE has a forward P/E ratio of 9.3 based on its forward 12 month price to earnings (EPS) of $2.23 per share
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The company has a price to earnings growth (PEG) ratio of 0.87 — a number near or below 1 signifying that Cenovus Energy is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.38 compared to its sector average of 1.78
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Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally.
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Based in Calgary, the company has 6,925 full time employees and a market cap of $38.8 Billion. Cenovus Energy currently returns an annual dividend yield of 2.5%.