CVR Energy Inc (NYSE:CVI) shares, rose in value, with the stock price down by -0.48% to the previous day’s close as strong demand from buyers drove the stock to $33.22.
Actively observing the price movement in the last trading, the stock closed the session at $33.38. The PE ratio was 4.34 over 12-month period. Referring to stock’s 52-week performance, its high was $38.07, and the low was $20.94. On the whole, CVI has fluctuated by -4.73% over the past month.
The company’s Forward Dividend Ratio is 2.00, with its dividend yield at 6.02%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.29B, with a low estimate of 1.84B and a high estimate of 2.12B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.96B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CVI’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of CVI currently trading nearly -4.99% and -3.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.14, while the 7-day volatility ratio is showing 2.82% which for the 30-day chart, stands at 3.22%. Furthermore, CVR Energy Inc (CVI)’s beta value is 1.59, and its average true range (ATR) is 1.05.
A comparison of CVR Energy Inc (CVI) with its peers suggests the former has fared considerably weaker in the market. CVI showed an intraday change of -0.48% in last session, and over the past year, it grew by 36.64%%.
Data on historical trading for CVR Energy Inc (NYSE:CVI) indicates that the trading volumes over the past 3 months, they’ve averaged 901.45K. According to company’s latest data on outstanding shares, there are 100.53 million shares outstanding.
Nearly 0.00% of CVR Energy Inc’s shares belong to company insiders and institutional investors own 105.46% of the company’s shares. The stock has risen by 9.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CVI stock heading into the next quarter.
