Coveo Solutions (TSE:CVO) Stock Price Down 0.7% - Time to Sell?

Shares of Coveo Solutions Inc. (TSE:CVO - Get Free Report) dropped 0.7% during trading on Monday . The company traded as low as C$5.85 and last traded at C$6.10. Approximately 107,770 shares changed hands during trading, an increase of 29% from the average daily volume of 83,780 shares. The stock had previously closed at C$6.14.

Coveo Solutions Stock Up 2.6 %

The firm has a market capitalization of C$320.83 million, a PE ratio of -19.87, a price-to-earnings-growth ratio of 0.09 and a beta of 0.75. The company has a current ratio of 1.71, a quick ratio of 3.14 and a debt-to-equity ratio of 6.05. The firm has a 50-day moving average of C$6.48 and a two-hundred day moving average of C$6.31.

Coveo Solutions (TSE:CVO - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The company reported C($0.07) EPS for the quarter. Coveo Solutions had a negative return on equity of 13.95% and a negative net margin of 17.81%. During the same period in the previous year, the company earned ($0.08) earnings per share. On average, equities research analysts forecast that Coveo Solutions Inc. will post -0.2144225 EPS for the current year.

About Coveo Solutions

Coveo Solutions Inc provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform.