Civeo (NYSE:CVEO – Get Free Report) was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report issued on Sunday.
Civeo Stock Up 1.4 %
Shares of Civeo stock opened at $22.52 on Friday. The company has a 50-day moving average of $24.25 and a 200 day moving average of $25.60. Civeo has a 1 year low of $21.15 and a 1 year high of $28.92. The firm has a market cap of $310.17 million, a price-to-earnings ratio of 16.09 and a beta of 2.03. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.36 and a quick ratio of 1.28.
Civeo (NYSE:CVEO – Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The business services provider reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.38). Civeo had a return on equity of 0.11% and a net margin of 3.00%. The company had revenue of $176.34 million during the quarter, compared to analysts’ expectations of $172.59 million. During the same period in the prior year, the firm earned $0.61 EPS. As a group, sell-side analysts anticipate that Civeo will post -0.58 earnings per share for the current fiscal year.
Institutional Trading of Civeo
Civeo Company Profile
Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs.
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