Coveo Solutions (TSE:CVO) Shares Down 2.8% – Should You Sell?

Coveo Solutions Inc. (TSE:CVOGet Free Report) was down 2.8% during trading on Friday . The stock traded as low as C$6.15 and last traded at C$6.31. Approximately 106,889 shares were traded during mid-day trading, an increase of 52% from the average daily volume of 70,552 shares. The stock had previously closed at C$6.49.

Coveo Solutions Stock Down 2.8 %

The firm’s 50-day simple moving average is C$6.77 and its two-hundred day simple moving average is C$6.49. The company has a market capitalization of C$339.67 million, a price-to-earnings ratio of -21.03, a price-to-earnings-growth ratio of 0.09 and a beta of 0.75. The company has a debt-to-equity ratio of 6.05, a current ratio of 1.71 and a quick ratio of 3.14.

About Coveo Solutions

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Coveo Solutions Inc provides AI platforms that enable individualized, connected, and trusted digital experiences. The Relevance Cloud platform, an AI solution that integrates AI search, recommendations, GenAI answering, AI models, and analytics across various digital domains; and is designed for scale, security, and compliance and integrates into enterprise ecosystems as a cloud-native SaaS, multi-tenant, API-first, and headless platform.

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