Coveo Solutions Inc. (TSE:CVO - Get Free Report)'s stock price rose 0.2% during mid-day trading on Wednesday . The company traded as high as C$9.29 and last traded at C$9.21. Approximately 131,528 shares changed hands during trading, a decline of 6% from the average daily volume of 139,701 shares. The stock had previously closed at C$9.19.
Analysts Set New Price Targets
CVO has been the topic of several research reports. Royal Bank Of Canada lifted their price objective on Coveo Solutions from C$11.00 to C$12.00 and gave the company an "outperform" rating in a research report on Friday, August 1st. TD Securities lifted their price objective on Coveo Solutions from C$10.00 to C$12.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Finally, Canaccord Genuity Group lifted their price objective on Coveo Solutions from C$12.00 to C$13.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of C$11.50.
Check Out Our Latest Research Report on Coveo Solutions
Coveo Solutions Price Performance
The firm has a market capitalization of C$893.84 million, a P/E ratio of -38.79, a PEG ratio of 0.09 and a beta of 0.73. The company has a debt-to-equity ratio of 5.36, a quick ratio of 3.14 and a current ratio of 1.85. The firm has a 50-day moving average of C$8.76 and a 200-day moving average of C$7.26.
Coveo Solutions Company Profile
(
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.
Featured Stories
Before you consider Coveo Solutions, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coveo Solutions wasn't on the list.
While Coveo Solutions currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
