NASDAQ:CVIACovia Stock Price, Forecast & News

Covia's stock was trading at $0.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CVIA stock has decreased by 47.8% and is now trading at $0.48. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Covia in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Covia.

Covia is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Covia.

Covia Holdings (NASDAQ:CVIA) posted its quarterly earnings results on Tuesday, March, 10th. The company reported $1.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.43) by $1.73. The firm had revenue of $313.30 million for the quarter, compared to analyst estimates of $340.91 million. The company's quarterly revenue was down 29.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.37) earnings per share. View Covia's earnings history.

5 analysts have issued 12 month price objectives for Covia's shares. Their forecasts range from $0.50 to $1.50. On average, they expect Covia's stock price to reach $1.00 in the next year. This suggests a possible upside of 108.3% from the stock's current price. View analysts' price targets for Covia.

Media headlines about CVIA stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Covia earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Covia.

Some companies that are related to Covia include Ensign Energy Services (ESI), Borr Drilling (BORR), Q Investments (QI), Western Energy Services (WRG), Sterling Energy (SEY), G3 Exploration (G3E), AKITA Drilling (AKT.A), Cathedral Energy Services (CET), Camber Energy (CEI), Marksmen Energy (MAH), Pioneer Energy Services (PESX), Namibian Resources (AAOG), TomCo Energy (TOM), Allied Resources (AKTAF) and Archer (ARHVF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Covia investors own include Fairmount Santrol (FMSA), U.S. Silica (SLCA), Boeing (BA), Enterprise Products Partners (EPD), AT&T (T), Caterpillar (CAT), Global Payments (GPN), IBM (IBM), Verizon Communications (VZ) and American Airlines Group (AAL).

Covia trades on the NASDAQ under the ticker symbol "CVIA."

Shares of CVIA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CVIA stock can currently be purchased for approximately $0.48.

Covia has a market capitalization of $63.37 million.