Civeo (CVEO) Trading 8% Higher
Civeo Co. (NYSE:CVEO) traded up 8% on Tuesday . The company traded as high as $3.52 and last traded at $3.52. 794,450 shares were traded during trading, a decline of 25% from the average session volume of 1,053,392 shares. The stock had previously closed at $3.26.
Several research analysts have commented on the stock. ValuEngine upgraded shares of Civeo from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Royal Bank of Canada set a $3.00 target price on shares of Civeo and gave the stock a “hold” rating in a research report on Thursday, December 21st. Finally, BidaskClub upgraded shares of Civeo from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Civeo currently has an average rating of “Buy” and a consensus target price of $4.17.
The company has a quick ratio of 2.02, a current ratio of 2.09 and a debt-to-equity ratio of 0.58. The company has a market cap of $419.24, a PE ratio of -5.87 and a beta of 4.91.
TRADEMARK VIOLATION NOTICE: “Civeo (CVEO) Trading 8% Higher” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2018/02/13/civeo-cveo-trading-8-higher.html.
Civeo Company Profile
Civeo Corporation is an integrated provider of long-term and temporary remote site accommodations, logistics and facility management services to the natural resource industry. The Company operates in active oil, coal, natural gas and iron ore producing regions, including Canada, Australia and the United States.
Receive News & Ratings for Civeo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Civeo and related companies with MarketBeat.com's FREE daily email newsletter.