Finance

Worthy Stock comparison for Investors: Civeo Corporation (NYSE:CVEO)

Civeo Corporation (NYSE:CVEO), closed the last trading session at $1.3 with decrease of $-0.03 or -2.26 percent against the opening price of $1.33. The trading day volume of the company stands at 319655 shares while the average trading volume of Civeo Corporation (NYSE:CVEO) is 861.35 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 164.13 Million.

The price target of Civeo Corporation (NYSE:CVEO) is currently set at 3.25 by the analysts. The stock is $-54.39 Below its 1-Year High which is $2.85. CVEO hit its 1-Year low price of $0.75. The company is currently rated by analyst who are keeping a close eye on the stock as 2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Civeo Corporation (NYSE:CVEO)

The value of the stock decreased by -5.11% during the previous week performance. Looking at the 1 month performance of Civeo Corporation (NYSE:CVEO), the stock jumped 26.21%. While the 1 year performance shows a negative percentage of -38.97 and year to date performance stands at 0.78%.

Civeo Corporation (NYSE:CVEO) Analytical Review

The stock needs to grow about $1.95 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -1.1%, 20.96% and -9.3 percent respectively. The stock trades about 0.4 percent of its Float giving its total shares Outstanding are 164.13 Million. CVEO gained about -15.03 percent in 6 months showing its Average True Range of 0.1. The company currently has a RSI and Beta of 54.37 and 3.9.

While talking about Civeo Corporation (NYSE:CVEO) valuation ratios, the stock trades with a P/S and P/B of 0.43 and 0.49 which is significantly better and attractive as compared to its peers.