Stock price performance of Cenovus Energy Inc is analyzed for various periods using several stock trading signals. The stock price have dropped -1.86% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -11.01% . Looking at the past 52 week period, the stock price is up at 16.64% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Cenovus Energy Inc has a positive value of 16.39 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 6.6% and the 50-Day Moving Average is 8.24%.The 200 Day SMA reached 5.8%
Cenovus Energy Inc. is having a Relative Strength Index of 32.83 which indicates the stock is not yet over sold or over bought based on the technical indicators. Cenovus Energy Inc (NYSE:CVE) has tumbled 0.65% during the past week and has dropped 10.2% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.77%. Cenovus Energy Inc (NYSE:CVE) has underperformed the index by 11% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Cenovus Energy Inc (USA) Last issued its quarterly earnings results on Oct 27, 2016. The company reported $-0.28 EPS for the quarter, missing the analyst consensus estimate by $ -0.19. Analyst had a consensus of $-0.09.Analysts expectations of $ 2814.82.During the same quarter in the previous year, the company posted $-0.03 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cenovus Energy Inc (USA) was Downgraded by Macquarie to Underperform on Jan 24, 2017. Cenovus Energy Inc (USA) was Downgraded by Goldman to Sell on Jan 23, 2017.
Cenovus Energy Inc (NYSE:CVE) : On Friday heightened volatility was witnessed in Cenovus Energy Inc (NYSE:CVE) which led to swings in the share price. The stock opened for trading at $13.57 and hit $13.82 on the upside , eventually ending the session at $13.74, with a gain of 1.03% or 0.14 points. The heightened volatility saw the trading volume jump to 1,856,854 shares. The 52-week high of the share price is $16.82 and the company has a market cap of $11,449 million. The 52-week low of the share price is at $9.1 .
Cenovus Energy is an integrated oil company headquartered in Calgary, Alberta. The Companys 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 Energys 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.