Shares of Coveo Solutions Inc. (TSE:CVO - Get Free Report) rose 1.5% during mid-day trading on Monday . The stock traded as high as C$5.45 and last traded at C$5.40. Approximately 88,284 shares changed hands during trading, a decline of 36% from the average daily volume of 138,151 shares. The stock had previously closed at C$5.32.
Analyst Ratings Changes
Separately, Stifel Nicolaus boosted their price objective on Coveo Solutions from C$10.00 to C$11.00 in a research note on Wednesday, February 12th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of C$11.06.
Check Out Our Latest Stock Analysis on CVO
Coveo Solutions Stock Up 3.4 %
The stock has a fifty day moving average of C$6.21 and a 200-day moving average of C$6.29. The firm has a market capitalization of C$389.71 million, a price-to-earnings ratio of -35.78, a PEG ratio of 0.09 and a beta of 0.75. The company has a current ratio of 1.85, a quick ratio of 3.14 and a debt-to-equity ratio of 5.36.
About Coveo Solutions
(
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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.
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