With 0.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. The 52-week range on CVGI shows that it touched its highest point at $5.88 and its lowest point at $0.81 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 1.93.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CVGI was up-trending over the past week, with a rise of 26.93%, but this was up by 26.10% over a month. Three-month performance dropped to -42.23% while six-month performance fell -61.36%. The stock lost -80.23% in the past year, while it has lost -52.02% so far this year. A look at the trailing 12-month EPS for CVGI yields -1.05 with Next year EPS estimates of 0.17. For the next quarter, that number is -0.06. This implies an EPS growth rate of -333.33% for this year and 230.77% for next year.
Float and Shares Shorts:
At present, 31.44 million CVGI shares are outstanding with a float of 29.43 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CVGI since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.01409091 being high and -$0.00454545 being low. For CVGI, this leads to a yearly average estimate of $0.005.
