Covenant Logistics Group Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $30.77 on 11/13/24, and the lowest price during that time was $17.98, recorded on 04/16/25.
52-week price history of CVLG Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Covenant Logistics Group Inc’s current trading price is -42.38% away from its 52-week high, while its distance from the 52-week low is -1.37%. The stock’s price range during this period has fluctuated between $17.98 and $30.77. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 0.53 million for the day, which was evidently higher than the average daily volume of 0.1 million over the last three months.
Financial Performance and Market Capitalization
Covenant Logistics Group Inc (CVLG) has experienced a quarterly decline of -35.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 470.84M and boasts a workforce of 4800 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 25.79, with a change in price of -10.94. Similarly, Covenant Logistics Group Inc recorded 99,809 in trading volume during the last 100 days, posting a change of -38.15%.
CVLG Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CVLG stands at 0.68. Similarly, the long-term debt-to-equity ratio is also 0.51.
CVLG Stock Stochastic Average
Covenant Logistics Group Inc’s raw stochastic average for the past 50 days is currently at 2.62%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 4.71%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 17.61% and 22.63%, respectively.
CVLG Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -34.95%. However, over the last six months, the performance has been stronger by -33.04%. The price of CVLG decreased -22.81% over the last 30 days. And in the last five days, it has fallen by -13.64%.
