Coveo Solutions Inc. (TSE:CVO - Get Free Report) shares traded down 1.5% during trading on Friday . The company traded as low as C$7.33 and last traded at C$7.39. 94,029 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 132,408 shares. The stock had previously closed at C$7.50.
Analysts Set New Price Targets
CVO has been the subject of a number of research reports. Stifel Nicolaus raised their target price on shares of Coveo Solutions from C$11.00 to C$13.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. National Bankshares cut their target price on shares of Coveo Solutions from C$8.50 to C$7.50 and set an "outperform" rating for the company in a research note on Friday, April 25th. Canaccord Genuity Group raised their target price on shares of Coveo Solutions from C$11.00 to C$12.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Royal Bank of Canada lifted their price objective on shares of Coveo Solutions from C$10.00 to C$11.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 21st. Finally, TD Securities dropped their price objective on shares of Coveo Solutions from C$11.00 to C$10.00 and set a "buy" rating for the company in a research note on Wednesday, May 21st. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of C$10.64.
Check Out Our Latest Research Report on CVO
Coveo Solutions Stock Down 1.5%
The firm's 50-day moving average price is C$6.50 and its 200 day moving average price is C$6.37. The company has a market capitalization of C$496.55 million, a price-to-earnings ratio of -45.58, a PEG ratio of 0.09 and a beta of 0.75. The company has a current ratio of 1.85, a quick ratio of 3.14 and a debt-to-equity ratio of 5.36.
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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