Civeo stock touches 52-week low at 21.43 amid market fluctuations - Investing.com
CVEO Stock | USD 22.20 0.02 0.09% |
About 67% of Civeo Corp's investor base is looking to short. The analysis of overall sentiment of trading Civeo Corp stock suggests that many investors are alarmed at this time. Civeo Corp's investing sentiment overview a quick insight into current market opportunities from investing in Civeo Corp. Many technical investors use Civeo Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Civeo |
Civeo stock touches 52-week low at 21.43 amid market fluctuations Investing.com
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Civeo Corp Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Civeo Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Civeo Corp Fundamental Analysis
We analyze Civeo Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Civeo Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Civeo Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Income
Net Income Comparative Analysis
Civeo Corp is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Civeo Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Civeo Corp stock to make a market-neutral strategy. Peer analysis of Civeo Corp could also be used in its relative valuation, which is a method of valuing Civeo Corp by comparing valuation metrics with similar companies.
Peers
Civeo Corp Related Equities
DRVN | Driven Brands | 1.49 | ||||
CARG | CarGurus | 0.52 | ||||
KFS | Kingsway Financial | 0.24 | ||||
PAG | Penske Automotive | 0.37 | ||||
SAH | Sonic Automotive | 1.20 | ||||
RUSHA | Rush Enterprises | 1.35 | ||||
GPI | Group 1 | 1.43 | ||||
LAD | Lithia Motors | 1.44 | ||||
RUSHB | Rush Enterprises | 1.47 | ||||
ABG | Asbury Automotive | 1.90 |
Check out Civeo Corp Hype Analysis, Civeo Corp Correlation and Civeo Corp Performance. To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Civeo Corp. If investors know Civeo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Civeo Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.878 | Dividend Share 1 | Earnings Share 1.4 | Revenue Per Share 48.289 | Quarterly Revenue Growth (0.04) |
The market value of Civeo Corp is measured differently than its book value, which is the value of Civeo that is recorded on the company's balance sheet. Investors also form their own opinion of Civeo Corp's value that differs from its market value or its book value, called intrinsic value, which is Civeo Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Civeo Corp's market value can be influenced by many factors that don't directly affect Civeo Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Civeo Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Civeo Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civeo Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.