At the end of the latest market close, Covanta Holding Corporation (CVA) was valued at $17.64. In that particular session, Stock kicked-off at the price of $17.50 while reaching the peak value of $17.70 and lowest value recorded on the day was $17.20. The stock current value is $17.48.
Recently in News on May 13, 2021, Covanta Declares Regular Quarterly Cash Dividend. Dividend Payment Set at $0.08 per Share. You can read further details here
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 $17.76 on 06/09/21, 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 78.73%
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 -1.57% during the 52-week period from high price, and 134.95% 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 $7.44 and $17.76.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1524665 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 33.13%, having the revenues showcasing 17.16% 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 2.35B, as it employees total of 4000 workers.
Market experts do have their say about 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 14.48, with a change in the price was noted +3.19. In a similar fashion, Covanta Holding Corporation posted a movement of +22.32% for the period of last 100 days, recording 889,820 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 8.83 at the time of this writing. In addition, long term Debt to Equity ratio is set at 8.71.
Technical breakdown of Covanta Holding Corporation (CVA)
Raw Stochastic average of Covanta Holding Corporation in the period of last 50 days is set at 93.90%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 91.47%. In the last 20 days, the company’s Stochastic %K was 78.84% and its Stochastic %D was recorded 57.52%.
Bearing in mind the latest performance of Covanta Holding Corporation, several 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 33.13%. Additionally, trading for the stock in the period of the last six months notably improved by 34.05%, alongside a boost of 78.73% for the period of the last 12 months. The shares increased approximately by 16.15% in the 7-day charts and went down by 18.03% in the period of the last 30 days. Common stock shares were driven by 17.16% during last recorded quarter.