Thursday, May 21, 2020

A Rising Share Price Has Us Looking Closely At Ovintiv Inc.'s (TSE:OVV) P/E Ratio

Here is the article.

Ovintiv (TSE:OVV) shareholders are no doubt pleased to see that the share price has bounced 88% in the last month alone, although it is still down 54% over the last quarter. However, that doesn't change the fact that longer term shareholders might have been mercilessly wrecked by the 77% share price decline throughout the year.

Facts:


  1. OVV.TO stock price bounced back 88% in the last month alone
  2. 77% share price decline throughout the year



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