Stocks

Covenant Logistics Group Inc - Class A Shares Climb 8.6% Past Previous 52-Week High - Market Mover

Covenant Logistics Group Inc - Class A (CVLG) shares closed 8.6% higher than its previous 52 week high, giving the company a market cap of $350M. The stock is currently up 63.6% year-to-date, up 48.4% over the past 12 months, and up 24.8% over the past five years. This week, the Dow Jones Industrial Average fell 2.6%, and the S&P 500 fell 2.5%.

Trading Activity

  • Trading volume this week was 99.8% higher than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.1.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Industrials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis

Per Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 2826.0%
  • The company's stock price performance over the past 12 months beats the peer average by -4880.8%
  • The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 2135.6% higher than the average peer.


This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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