Somewhat Favorable News Coverage Somewhat Unlikely to Impact Civeo Corporation (CVEO) Stock Price
News articles about Civeo Corporation (NYSE:CVEO) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Civeo Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 45.744767498014 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several research firms have commented on CVEO. BidaskClub raised shares of Civeo Corporation from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 26th. Royal Bank Of Canada set a $3.00 target price on shares of Civeo Corporation and gave the stock a “hold” rating in a research report on Sunday, October 8th. Finally, ValuEngine raised shares of Civeo Corporation from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $4.17.
Civeo Corporation (NYSE:CVEO) traded up $0.10 during trading on Monday, reaching $2.34. 484,200 shares of the company were exchanged, compared to its average volume of 959,570. Civeo Corporation has a fifty-two week low of $1.48 and a fifty-two week high of $3.73. The company has a quick ratio of 2.02, a current ratio of 2.09 and a debt-to-equity ratio of 0.58.
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Civeo Corporation Company Profile
Civeo Corporation is an integrated provider of long-term and temporary remote site accommodations, logistics and facility management services to the natural resource industry. The Company operates in active oil, coal, natural gas and iron ore producing regions, including Canada, Australia and the United States.
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