Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Commercial Vehicle Group Inc (NASDAQ: CVGI) closed at $0.96 down -0.28% from its previous closing price of $0.96. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 0.54 million shares were traded. CVGI stock price reached its highest trading level at $0.9666 during the session, while it also had its lowest trading level at $0.8701.
Ratios:
For a deeper understanding of Commercial Vehicle Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 1.23 whereas as Long-Term Debt/Eq ratio is at 1.11.
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, Noble Capital Markets on December 01, 2022, initiated with a Outperform rating and assigned the stock a target price of $10.
On August 11, 2020, Colliers Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $6.50.
Barrington Research reiterated its Outperform rating for the stock on September 18, 2019, while the target price for the stock was revised from $7.50 to $8.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 03 ’24 when Nauman J Michael bought 19,362 shares for $2.42 per share. The transaction valued at 46,856 led to the insider holds 82,997 shares of the business.
Nauman J Michael bought 2,838 shares of CVGI for $6,726 on Dec 04 ’24. The Director now owns 85,835 shares after completing the transaction at $2.37 per share. On Dec 02 ’24, another insider, Nauman J Michael, who serves as the Director of the company, bought 2,800 shares for $2.40 each. As a result, the insider paid 6,720 and bolstered with 63,635 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVGI now has a Market Capitalization of 33358710 and an Enterprise Value of 170894320. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.22. Its current Enterprise Value per Revenue stands at 0.236 whereas that against EBITDA is 6.474.
Stock Price History:
The Beta on a monthly basis for CVGI is 1.93, which has changed by -0.83838385 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, CVGI has reached a high of $6.20, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -32.35%, while the 200-Day Moving Average is calculated to be -63.46%.
Shares Statistics:
For the past three months, CVGI has traded an average of 398.36K shares per day and 437530 over the past ten days. A total of 31.44M shares are outstanding, with a floating share count of 29.44M. Insiders hold about 15.02% of the company’s shares, while institutions hold 64.61% stake in the company. Shares short for CVGI as of 1744675200 were 1417868 with a Short Ratio of 3.56, compared to 1741910400 on 1171954. Therefore, it implies a Short% of Shares Outstanding of 1417868 and a Short% of Float of 4.21.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
