Coveo Solutions Inc. (TSE:CVO - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as C$8.33 and last traded at C$8.33, with a volume of 136482 shares. The stock had previously closed at C$7.98.
Analyst Ratings Changes
A number of brokerages have commented on CVO. Royal Bank Of Canada boosted their target price on shares of Coveo Solutions from C$10.00 to C$11.00 and gave the stock an "outperform" rating in a report on Wednesday, May 21st. Canaccord Genuity Group upped their price objective on Coveo Solutions from C$11.00 to C$12.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. TD Securities decreased their target price on Coveo Solutions from C$11.00 to C$10.00 and set a "buy" rating on the stock in a research report on Wednesday, May 21st. National Bankshares cut their price objective on Coveo Solutions from C$8.50 to C$7.50 and set an "outperform" rating for the company in a research report on Friday, April 25th. Finally, Stifel Nicolaus lifted their price objective on Coveo Solutions from C$11.00 to C$13.00 and gave the company a "buy" rating in a research note on Wednesday, May 21st. Five analysts have rated the stock with a buy rating, According to MarketBeat, Coveo Solutions has a consensus rating of "Buy" and a consensus target price of C$10.58.
Get Our Latest Stock Analysis on CVO
Coveo Solutions Price Performance
The company has a quick ratio of 3.14, a current ratio of 1.85 and a debt-to-equity ratio of 5.36. The firm's fifty day moving average price is C$7.39 and its two-hundred day moving average price is C$6.53. The stock has a market capitalization of C$560.38 million, a PE ratio of -51.44, a PEG ratio of 0.09 and a beta of 0.75.
About Coveo Solutions
(
Get Free Report)
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.
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