Civeo Corporation (CVEO) Shares are Down -2.21%

Civeo Corporation (CVEO) : During the past 4 weeks, traders have been relatively bearish on Civeo Corporation (CVEO), hence the stock is down -23.02% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.26% relative to the S&P 500. The 4-week change in the price of the stock is -22.22% and the stock has fallen -2.21% in the past 1 week.

The stock has recorded a 20-day Moving Average of 7.8% and the 50-Day Moving Average is 23.56%. Civeo Corporation (NYSE:CVEO): On Fridays trading session , Opening price of the stock was $1.39 with an intraday high of $1.39. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $1.33. However, the stock managed to close at $1.33, a loss of 2.92% for the day. On the previous day, the stock had closed at $1.37. The total traded volume of the day was 627,273 shares.


The company Insiders own 1.3% of Civeo Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -24.26% . Institutional Investors own 73.05% of Civeo Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -27.98%. Also, Major Brokerage house, Scotia Howard Weil upgrades its ratings on Civeo Corporation (NYSE:CVEO). According to the latest information available, the shares are now rated Sector Outperform by the analysts at the agency. Previously, the analysts had a Sector Perform rating on the shares. The rating by the firm was issued on June 22, 2016.

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