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CVG

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--%
1d
1w
1m

Analysis and statistics

  • Open
    69.5928$
  • Previous Close
    68.9001$
  • 52 Week Change
    12.26$
  • Day Range
    0.69$
  • 52 Week High/Low
    65.2409$ - 77.5$
  • Dividend Per Share
    0.0013
  • Market cap
    996 M$
  • EPS
    1.5062
  • Beta
    -0.332
  • Volume
    --

About

CVG.TO represents the stock of Covenant Energy Ltd. trading on the Toronto Stock Exchange (TSX). Covenant Energy is focused on the production and processing of renewable diesel fuel. The company's efforts center around utilizing sustainable feedstocks to create a low-carbon fuel alternative. Investors can buy and sell shares of Covenant Energy on the TSX under the symbol CVG.TO, with the price reflecting market sentiment and company performance.
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Factors

Company Performance: Financial health, revenue growth, profitability, and debt levels influence investor confidence.

Industry Trends: Performance of the cannabis sector and related industries impacts stock valuation.

Regulatory Changes: Government regulations on cannabis production, distribution, and sales significantly affect the business.

Market Sentiment: Overall market conditions and investor psychology toward risk influence stock prices.

Competition: Competitive landscape within the cannabis industry affects market share and profitability.

Economic Factors: Interest rates, inflation, and economic growth can affect consumer spending and investment.

News and Events: Company-specific announcements, industry news, and global events impact stock prices.

Supply and Demand: The balance between the number of shares being bought and sold influences market value.

Management Decisions: Strategic decisions made by management affect company prospects and investor confidence.

Investor Confidence: Overall confidence that shareholders have in the value of the stock.

Production Cost: Costs associated with growing and refining cannabis impact profit margins.

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