Coveo Solutions (TSE:CVO) Shares Down 3.8% - Time to Sell?

Coveo Solutions Inc. (TSE:CVO - Get Free Report) was down 3.8% during trading on Friday . The company traded as low as C$5.56 and last traded at C$5.64. Approximately 147,636 shares changed hands during trading, an increase of 0% from the average daily volume of 147,553 shares. The stock had previously closed at C$5.86.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus lifted their price target on shares of Coveo Solutions from C$10.00 to C$11.00 in a report on Wednesday, February 12th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Coveo Solutions has an average rating of "Buy" and an average target price of C$11.06.

Coveo Solutions Trading Down 2.7 %

The company has a debt-to-equity ratio of 5.36, a quick ratio of 3.14 and a current ratio of 1.85. The stock has a fifty day moving average of C$6.46 and a 200 day moving average of C$6.36. The company has a market capitalization of C$344.70 million, a PE ratio of -31.64, a PEG ratio of 0.09 and a beta of 0.75.

Coveo Solutions Company Profile

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.