A secret that hides Cenovus Energy Inc’s strength (NYSE:CVE)

Stocks of Cenovus Energy Inc (NYSE:CVE) traded higher last session on Wall Street, up 0.51% to $13.71.

CVE stock price is now 7.55% away from the 50-day moving average and -10.65% away from the 200-day moving average. The market capitalization of the company currently stands at $25.00B.

, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’

In other news, CK Hutchison Holdings, Affiliate bought 106,096 shares of the company’s stock on May 12 ’25. The stock was bought for $1,486,501 at an average price of $14.01. A total of 30.32% of the company’s stock is owned by insiders.

During the past 12 months, Cenovus Energy Inc has had a low of $10.23 and a high of $21.08. As of last week, the company has a debt-to-equity ratio of 0.36, a current ratio of 1.46, and a quick ratio of 0.84. According to the stock market information, the enterprise value for the company is $33101910016, which is based on a 12.82 price-to-earnings ratio, a 0.65 price-to-earnings-growth ratio, and a beta of 0.96. The fifty day moving average price for CVE is $12.747 and a two-hundred day moving average price translates $15.34345 for the stock.

The latest earnings results from Cenovus Energy Inc (NYSE: CVE) was released for 2025-03-31. The net profit margin was 5.16% and return on equity was 9.50% for CVE. The company reported revenue of $9.26 billion for the quarter, compared to $9.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.74 percent. For the current quarter, analysts expect CVE to generate $9.72B in revenue.

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