Commercial Vehicle Group Inc (NASDAQ:CVGI) currently has a daily average trading volume of 418.04K but it saw 902418 shares traded in last market. With a market cap of 41.22M USD, the company’s current market price of $1.19 came rising about 15.53 while comparing to the previous closing price of $1.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.88 and as low as $0.81.
Taking a look at 20-day trading activity of Commercial Vehicle Group Inc (CVGI) gives us an average price of $0.9540, while its current price level is -79.76% below from 52-week high level whereas it is 46.06% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.2955 while that of 200 days or SMA-200 reads an average of $2.4988. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.32% during that period while stretching the period over a month that decreases to 12.91%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.69 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Noble Capital Markets which initiated the stock as “Outperform” in its note to investors issued on December 01, 2022, recommending a price target of $10 for it. Colliers Securities upgraded its recommendation for the stock as a “Buy” from “Neutral” on August 11, 2020 while assigning a price target of $6.50. Barrington Research issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $7.50 and $8.50.
Over the week, CVGI’s stock price is moving 26.93% up while it is 26.10% when we observe its performance for the past one month. Year-to-date it is -52.02% down and over the past year, the stock is showing a downside performance of -80.23%.
Currently, Commercial Vehicle Group Inc’s total number of outstanding shares is 31.44M with 5.26% of that held by the insiders while 66.73% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -13.09% and return on equity (ROE) at -26.02%. It has a 7.00 of forward P/E ratio. Stock’s beta reads 1.93. Stock has a price to book (P/B) ratio of 0.27 while price to sale or P/S ratio amounts to 0.06. Its return on asset (ROA) is -8.74% on average.
