Chervon Holdings Limited (OTCMKTS:CHRHF – Get Free Report) shot up 24.4% on Thursday . The stock traded as high as $2.65 and last traded at $2.65. Approximately 223 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 657 shares. The stock had previously closed at $2.13.
Wall Street Analysts Forecast Growth
Separately, Citigroup raised Chervon to a “buy” rating in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.
View Our Latest Analysis on Chervon
Chervon Price Performance
About Chervon
Chervon (OTCMKTS:CHRHF) is a global designer, manufacturer and marketer of professional and consumer power tools and outdoor power equipment. The company develops a diverse range of tools, including battery-powered, corded electric and gas-powered handheld products such as drills, impact drivers, saws, grinders, sanders and nailers, as well as outdoor equipment like lawn mowers, string trimmers and leaf blowers. Chervon markets its solutions under proprietary brands and also provides OEM production services for third-party customers.
Chervon’s brand portfolio encompasses multiple trademarks, including EGO Power+, Flex, Skil and ZALL.
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