Cenovus Energy Inc. (NYSE:CVE) Sees The Needle Move on Volume

Session activity on Cenovus Energy Inc.(NYSE:CVE) shares bumps the stock on today’s most active list. After a recent spot-check, the stock has touched $7.04 which represents a change from the open of -6.38%. Company shares have been seen trading -58.15% off of the 52 week high and -9.40% away from the 52 week low. Narrowing in, the stock is at a distance of -38.25% from the 50 day high and -9.40% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Cenovus Energy Inc. (NYSE:CVE). At the time of writing, the First Call consensus price target for the company is $14.40. The current consensus recommendation provided by covering analysts is 2.40. This recommendation lands on a scale between 1 and 5. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. A rating of 4 or 5 would represent a Sell recommendation. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.

Since the beginning of the calendar year, the stock is -48.51%. For the quarter, shares have been noted at -37.78%. Share performance for the month is currently at -16.06%. Tightening the gaze, stock performance for the last 5 trading days is -8.68%.

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