For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Civeo Corp’s stock clocked out at $22.57, up 2.13% from its previous closing price of $22.10. In other words, the price has increased by $2.13 from its previous closing price. On the day, 99470.0 shares were traded. CVEO stock price reached its highest trading level at $22.79 during the session, while it also had its lowest trading level at $22.02.
Ratios:
To gain a deeper understanding of CVEO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.59 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, RBC Capital Mkts on April 10, 2017, initiated with a Sector Perform rating and assigned the stock a target price of $3.50.
On July 13, 2016, Scotia Howard Weil Downgraded its rating to Sector Outperform which previously was Focus Stock and also lowered its target price recommendation from $4 to $3.
Scotia Howard Weil Upgraded its Sector Outperform to Focus Stock on June 22, 2016, while the target price for the stock was maintained at $4.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 13 ’24 when Schoening Allan sold 5,000 shares for $27.50 per share. The transaction valued at 137,500 led to the insider holds 16,146 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVEO now has a Market Capitalization of 303640992 and an Enterprise Value of 372669952. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 0.565 whereas that against EBITDA is 5.397.
Stock Price History:
The Beta on a monthly basis for CVEO is 1.36, which has changed by -0.047679305 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, CVEO has reached a high of $28.92, while it has fallen to a 52-week low of $18.01. The 50-Day Moving Average of the stock is 8.50%, while the 200-Day Moving Average is calculated to be -4.83%.
Shares Statistics:
It appears that CVEO traded 90.17K shares on average per day over the past three months and 93520 shares per day over the past ten days. A total of 13.54M shares are outstanding, with a floating share count of 12.14M. Insiders hold about 9.77% of the company’s shares, while institutions hold 77.59% stake in the company. Shares short for CVEO as of 1748563200 were 268240 with a Short Ratio of 2.97, compared to 1745971200 on 245885. Therefore, it implies a Short% of Shares Outstanding of 268240 and a Short% of Float of 2.75.
Dividends & Splits
With its trailing 12-month dividend rate of 0.75, CVEO has a forward annual dividend rate of 0.75. Against a Trailing Annual Dividend Yield of 0.03393665
