CVR Energy Inc (NYSE: CVI) is -3.07% lower on its value in year-to-date trading and has touched a low of $20.94 and a high of $38.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CVI stock was last observed hovering at around $30.38 in the last trading session, with the day’s loss setting it -1.01%.
Currently trading at $29.37, the stock is -14.54% and -14.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing -3.32% at the moment leaves the stock -9.66% off its SMA200. CVI registered 18.64% gain for a year compared to 6-month gain of -1.83%.
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The stock witnessed a -19.22% loss in the last 1 month and extending the period to 3 months gives it a -12.93%, and is -12.51% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.75% over the week and 3.51% over the month.
CVR Energy Inc (CVI) has around 1566 employees, a market worth around $2.95B and $8.82B in sales. Current P/E ratio is 4.50 and Fwd P/E is 12.95. Profit margin for the company is 7.44%. Distance from 52-week low is 40.26% and -22.85% from its 52-week high. The company has generated returns on investments over the last 12 months (26.62%).
The EPS is expected to shrink by -54.83% this year
The shares outstanding are 100.53M, and float is at 100.53M with Short Float at 6.13%.
CVR Energy Inc (CVI) Insider Activity
The most recent transaction is an insider sale by ICAHN CARL C, the company’s 10% Owner. SEC filings show that ICAHN CARL C sold 4,100,000 shares of the company’s common stock on Sep 11 ’23 at a price of $35.20 per share for a total of $144.32 million. Following the sale, the insider now owns 66.69 million shares.
CVR Energy Inc disclosed in a document filed with the SEC on Aug 23 ’23 that ICAHN CARL C (10% Owner) sold a total of 9,529 shares of the company’s common stock. The trade occurred on Aug 23 ’23 and was made at $33.26 per share for $0.32 million. Following the transaction, the insider now directly holds 70.79 million shares of the CVI stock.
Still, SEC filings show that on Aug 22 ’23, ICAHN CARL C (10% Owner) disposed off 127,304 shares at an average price of $34.60 for $4.4 million. The insider now directly holds 70,801,910 shares of CVR Energy Inc (CVI).
