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. Since then, CVIA shares have 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 data on Tuesday, March, 10th. The company reported $1.30 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.43) by $1.73. The business earned $313.30 million during the quarter, compared to analyst estimates of $340.91 million. Covia's revenue was down 29.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.37) EPS. View Covia's earnings history.

5 brokerages have issued 1-year price targets for Covia's shares. Their forecasts range from $0.50 to $1.50. On average, they anticipate Covia's stock price to reach $1.00 in the next twelve months. 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, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Covia earned a news sentiment score of -1.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. 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.