Cenovus Energy Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $20.76 on 07/15/24 and the lowest value was $10.23 on 04/09/25.
52-week price history of CVE Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Cenovus Energy Inc’s current trading price is -28.56% away from its 52-week high, while its distance from the 52-week low is 44.97%. The stock’s price range during the 52-week period has remained between $10.23 and $20.76. In the Energy sector, the company’s shares saw a trading volume of around 25.04 million for the day, which was evidently higher than the average daily volume of 11.67 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Cenovus Energy Inc (CVE) has experienced a quarterly rise of 9.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.90B and boasts a workforce of 7150 employees.
Making Sense of Trading Volume and Moving Average Data
Examining CVE’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CVE stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.33.
CVE Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -2.11%. However, over the past six months, we’ve seen a stronger performance of -1.92%. The price of CVE fallen by 7.39% over the last 30 days. And in the last five days, it has surged by 9.61%.