CVR Energy Inc. (NYSE:CVI) went down by -2.04% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Oil & Gas Refining & Marketing giant went up by $18.70 to trade ended Thursday trading at $19.09. This is down from the $19.09 price recorded on Wednesday’s trading session. Thanks to this latest performance, CVI is closer to the higher price 52-week target of $28.00 and further from the lowest price target of $15.00. Its performance from the start of the year has also been negative, with CVI down by -53.75% year-to-date.
CVR Energy Inc. (CVI) started the day trading at $19.56 and recorded an intraday high of $19.76. It also recorded an intraday low of $18.63 during Thursday’s trading session. CVR Energy Inc. is a very active stock that recorded a trading volume that is less than -23.77% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 744071, which is less than -23.77 of the total average daily trading volume of 920.96K.
CVR Energy Inc. (NYSE:CVI) 2020 Performance Impressive
The increase in CVI’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of CVI currently stands at $55.52, which is higher than the current trading price of the stock by 66.32%. However, CVI’s current trading price is -35.41% lower than the 52-week low price of $13.81. In terms of trading volume, CVR Energy Inc. currently experienced healthy participation during the last trading session. 744071 shares of CVR Energy Inc. were traded on the stock exchange on Thursday, which is less than -23.77% of the 920.96K average trading volume of the stock.
The performance of the stock has been positive over the past year. CVI’s performance over the past one year has seen it plunge by -63.19%, while the stock has gone down by -53.96% in the last six months. The quarterly performance of CVI currently stands at 28.35%, and it is down by -15.73% in the last month. The only negative figure was from the weekly performance, which currently reads -3.36%. At the time of writing CVI’s report, the company has a total market cap of $1.92B, making it one of the largest publicly-traded companies in the world.CVR Energy Inc. also has over 1486 employees all over the world.
CVI Insider Activities
For CVR Energy Inc., insiders hold 95.30% of all company shares. The insider transactions over the past six months are down by 0.00%. During that period, insiders bought 0 shares in 0 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at CVR Energy Inc. now hold 2.01k shares, which is over 94.88% of the total company stocks. Institutional investors currently hold a large chunk of the CVI shares, as they control 0.00% of the company’s total stock.
CVI Fundamental Analysis
For CVR Energy Inc., the stock’s diluted earnings per share (EPS) stands at 1.91. In the coming year, analysts expect the EPS to be 1.31. The stock’s EPS growth this year is 35.00%, 13.50% in the previous five years. In terms of revenue, CVR Energy Inc.’s quarterly sales (YOY) is shrinking at -0.51, which is lower than the average annual revenue of 13.50% over the past half a decade.
The Return on Investment (ROI) on CVR Energy Inc.’s stock currently stands at 17.40%, and it has a net profit margin of 3.20%. The operating margin of the company is 4.70%, and its gross margin is 11.20%.
CVI Analysts Prediction
The Credit Suisse has a Underperform rating for CVR Energy Inc., predicting the stock price to stay between $40 and $16. Another analyst that has a Sell rating for CVI is Goldman, which set a price target of between $18 and $12.
Citigroup and Global Hunter Securities also believe that CVR Energy Inc.’s stock is outperforming at the moment.
CVI Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of CVI currently stands at -12.09%, while the SMA50 is -11.02%. The biggest one is the SMA200, which is currently reading -41.65% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 40.85, while its price to earnings ratio (P/E) is 9.79.