Coveo Solutions (TSE:CVO) Shares Up 2.4% – Here’s Why

Coveo Solutions Inc. (TSE:CVOGet Free Report) shot up 2.4% during mid-day trading on Thursday . The company traded as high as C$6.82 and last traded at C$6.76. 130,424 shares were traded during trading, a decline of 5% from the average session volume of 137,383 shares. The stock had previously closed at C$6.60.

Coveo Solutions Price Performance

The stock’s fifty day moving average is C$6.46 and its 200-day moving average is C$6.61. The stock has a market capitalization of C$363.89 million, a PE ratio of -22.53, a P/E/G 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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