Covenant Transportation Group, Inc. - (CVTI): Price and Financial Metrics
CVTI Price/Volume Stats
| Current price | $13.95 | 52-week high | $18.62 |
| Prev. close | $13.85 | 52-week low | $6.54 |
| Day low | $13.73 | Volume | 226,600 |
| Day high | $14.44 | Avg. volume | 210,444 |
| 50-day MA | $11.13 | Dividend yield | N/A |
| 200-day MA | $12.62 | Market Cap | 238.36M |
CVTI Stock Price Chart Interactive Chart >
Covenant Transportation Group, Inc. - (CVTI) Company Bio
Covenant Transportation Group offers truckload transportation and brokerage services in the continental United States. The company was founded in 1994 and is based in Chattanooga, Tennessee.
Latest CVTI News From Around the Web
Below are the latest news stories about Covenant Transportation Group Inc that investors may wish to consider to help them evaluate CVTI as an investment opportunity.
Covenant Transportation Group, Inc. (CVTI): Hedge Funds In Wait-and-See ModeBefore we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […] |
Near-Term Trucking Outlook Marred by Coronavirus-Led Freight WoesNear-Term Trucking Outlook Marred by Coronavirus-Led Freight Woes |
'Worst' Market In 47 years As Restructuring At Covenant ContinuesCovenant Transportation Group (NASDAQ: CVTI ) sees progress on its strategic plan, which is centered on replacing poorly performing freight, shuttering terminals and trimming its asset-based fleet. The Chattanooga, Tennessee-based truckload (TL) carrier reported a first quarter adjusted net loss of $1.7 million, $0.09 per share, a penny ahead of the consensus estimate. Part of Covenant's organizational refocus is to better allocate capital to higher margin offerings like contract logistics and expedited. In alignment with these efforts, the company plans to reduce its 3,000-unit tractor fleet by 12% to 14% by year-end to improve equipment utilization. A good portion of asset disposals took place in April. The company has also lowered expenses throughout the organization through layoffs,... |
'Worst' Market In 47 years As Restructuring At Covenant ContinuesCovenant Transportation Group (NASDAQ: CVTI) sees progress on its strategic plan, which is centered on replacing poorly performing freight, shuttering terminals and trimming its asset-based fleet. The Chattanooga, Tennessee-based truckload (TL) carrier reported a first quarter adjusted net loss of $1.7 million, $0.09 per share, a penny ahead of the consensus estimate.Part of Covenant's organizational refocus is to better allocate capital to higher margin offerings like contract logistics and expedited. In alignment with these efforts, the company plans to reduce its 3,000-unit tractor fleet by 12% to 14% by year-end to improve equipment utilization.A good portion of asset disposals took place in April. The company has also lowered expenses throughout the organization through layoff... |
Covenant Transportation Group, Inc. to Host Earnings CallNEW YORK, NY / ACCESSWIRE / May 20, 2020 / Covenant Transportation Group, Inc. (NASDAQ:CVTI) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 20, 2020 ... |
CVTI Price Returns
| 1-mo | N/A |
| 3-mo | N/A |
| 6-mo | N/A |
| 1-year | N/A |
| 3-year | N/A |
| 5-year | -32.58% |
| YTD | N/A |
| 2022 | N/A |
| 2021 | N/A |
| 2020 | 0.00% |
| 2019 | -32.68% |
| 2018 | -33.13% |
Continue Researching CVTI
Here are a few links from around the web to help you further your research on Covenant Transportation Group Inc's stock as an investment opportunity:Covenant Transportation Group Inc (CVTI) Stock Price | Nasdaq
Covenant Transportation Group Inc (CVTI) Stock Quote, History and News - Yahoo Finance
Covenant Transportation Group Inc (CVTI) Stock Price and Basic Information | MarketWatch
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