Let’s start up with the current stock price of Covanta Holding Corporation (CVA), which is $15.04 to be very precise. The Stock rose vividly during the last session to $15.08 after opening rate of $14.20 while the lowest price it went was recorded $14.15 before closing at $13.93.
Recently in News on April 29, 2021, Covanta Holding Corporation Reports 2021 First Quarter Results and Increases 2021 Guidance. Updating Progress on Strategic Review and Establishing Long-term Financial Outlook. You can read further details here
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Covanta Holding Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $15.56 on 02/11/21, with the lowest value was $13.03 for the same time period, recorded on 02/19/21.
Covanta Holding Corporation (CVA) full year performance was 93.32%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Covanta Holding Corporation shares are logging -3.34% during the 52-week period from high price, and 122.32% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $6.76 and $15.56.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2625740 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Covanta Holding Corporation (CVA) recorded performance in the market was 14.55%, having the revenues showcasing 6.29% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.84B, as it employees total of 4000 workers.
The Analysts eye on Covanta Holding Corporation (CVA)
During the last month, 0 analysts gave the Covanta Holding Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 13.96, with a change in the price was noted +1.82. In a similar fashion, Covanta Holding Corporation posted a movement of +13.77% for the period of last 100 days, recording 900,807 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CVA is recording 8.19 at the time of this writing. In addition, long term Debt to Equity ratio is set at 8.10.
Technical rundown of Covanta Holding Corporation (CVA)
Raw Stochastic average of Covanta Holding Corporation in the period of last 50 days is set at 95.71%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 97.88%. In the last 20 days, the company’s Stochastic %K was 79.78% and its Stochastic %D was recorded 77.35%.
Considering, the past performance of Covanta Holding Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 14.55%. Additionally, trading for the stock in the period of the last six months notably improved by 97.38%, alongside a boost of 93.32% for the period of the last 12 months. The shares increased approximately by 10.02% in the 7-day charts and went up by 8.51% in the period of the last 30 days. Common stock shares were driven by 6.29% during last recorded quarter.