The stock of Cenovus Energy Inc (NYSE:CVE) last traded at $14.32, up 1.99% from the previous session.
CVE stock price is now 12.76% away from the 50-day moving average and -3.83% away from the 200-day moving average. The market capitalization of the company currently stands at $25.97B.
, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
In other news, CK Hutchison Holdings, Affiliate bought 1,107,177 shares of the company’s stock on Jun 11 ’25. The stock was bought for $15,747,932 at an average price of $14.22. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 10 ’25, Affiliate CK Hutchison Holdings bought 1,158,189 shares of the business’s stock. A total of $16,312,976 was incurred on buying the stock at an average price of $14.08. A total of 30.31% 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 $20.76. 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.
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.
