News coverage about Civeo Corporation (NYSE:CVEO) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Civeo Corporation earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 45.9194127950863 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s analysis:
- Civeo Corporation (CVEO) stock RSI touches to 26.43, it is oversold – Voice Of Analysts (analystsbuzz.com)
- Traders Alert on Oversold Stock – Civeo Corporation (CVEO) – Wall Street Morning (wallstreetmorning.com)
- Civeo: The Market Needs To Chill Out (seekingalpha.com)
- Investors Are Undervaluing Civeo Corporation (CVEO) By 23.38%, Here Is My Intrinsic Value Calculation (finance.yahoo.com)
- Civeo Corporation (CVEO) Lowered to “Hold” at BidaskClub (americanbankingnews.com)
Several analysts have issued reports on the stock. BidaskClub cut shares of Civeo Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. ValuEngine upgraded shares of Civeo Corporation from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $3.00 target price on shares of Civeo Corporation in a research note on Friday, September 1st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $4.17.
Civeo Corporation (NYSE:CVEO) remained flat at $2.11 during mid-day trading on Tuesday. The company had a trading volume of 280,891 shares. Civeo Corporation has a 12 month low of $1.14 and a 12 month high of $3.73. The company’s market cap is $279.05 million. The stock’s 50-day moving average price is $2.54 and its 200 day moving average price is $2.29.
Civeo Corporation (NYSE:CVEO) last issued its quarterly earnings results on Friday, July 28th. The business services provider reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.01. Civeo Corporation had a negative net margin of 19.92% and a negative return on equity of 13.78%. The business had revenue of $92.01 million for the quarter. Equities research analysts anticipate that Civeo Corporation will post ($0.54) EPS for the current year.
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About Civeo Corporation
Civeo Corporation is an integrated provider of long-term and temporary remote site accommodations, logistics and facility management services to the natural resource industry. The Company operates in active oil, coal, natural gas and iron ore producing regions, including Canada, Australia and the United States.
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