Cenovus Energy Inc (CVE) : During the past 4 weeks, traders have been relatively bearish on Cenovus Energy Inc (CVE), hence the stock is down -10.49% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.07% relative to the S&P 500. The 4-week change in the price of the stock is -12.31% and the stock has fallen -7.58% in the past 1 week.
The stock has recorded a 20-day Moving Average of 7.97% and the 50-Day Moving Average is 6.22%.The 200 Day SMA reached 0.09% Cenovus Energy Inc. has dropped 3.63% during the last 3-month period . Year-to-Date the stock performance stands at 7.29%.
Cenovus Energy Inc (CVE) : The consensus price target for Cenovus Energy Inc (CVE) is $18.13 for the short term with a standard deviation of $3.4. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $23, however, the pessimist price target for the company is $14.
Company shares have received an average consensus rating of Hold for the current week Cenovus Energy Inc (NYSE:CVE): stock was range-bound between the intraday low of $13.37 and the intraday high of $13.6 after having opened at $13.38 on Fridays session. The stock finally closed in the red at $13.38, a loss of -0.66%. The stock remained in the red for the whole trading day. The total traded volume was 968,539 shares. The stock failed to cross $13.6 in Fridays trading. The stocks closing price on Thursday was $13.54.
Cenovus Energy Inc. is a Canada-based integrated oil company. The Company is engaged in the development, production and marketing of crude oil, natural gas liquids (NGLs) and natural gas in Canada with refining operations in the United States. The Company operates in four segments: Oil Sands segment, engaged in the development and production of Cenovuss bitumen assets at Foster Creek, Christina Lake and Narrows Lake, as well as projects in the early-stages of development, such as Grand Rapids and Telephone Lake, and Athabasca natural gas assets; Conventional segment, engaged in the development and production of conventional crude oil, natural gas liquids (NGLs) and natural gas in Alberta and Saskatchewan, including the heavy oil assets at Pelican Lake; Refining and Marketing segment, engaged in the transporting, selling and refining crude oil into petroleum and chemical products.