NASDAQ:CVIACovia Stock Price, Forecast & News

Covia's stock was trading at $0.92 on March 11th, 2020 when 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) issued its earnings results on Tuesday, March, 10th. The company reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of ($0.43) by $1.73. The business earned $313.30 million during the quarter, compared to analysts' expectations of $340.91 million. The business's quarterly revenue was down 29.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.37) earnings per share. View Covia's earnings history.

5 analysts have issued twelve-month price targets for Covia's shares. Their forecasts range from $0.50 to $1.50. On average, they expect Covia's share 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.

News articles about CVIA stock have been trending very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Covia earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Covia.

Some companies that are related to Covia include Borr Drilling (BORR), Ensign Energy Services (ESI), 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), TomCo Energy (TOM), Namibian Resources (AAOG), 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.