Coveo Solutions (TSE:CVO) Shares Down 2.8% – Here’s What Happened

Coveo Solutions Inc. (TSE:CVO) fell 2.8% on Friday . The company traded as low as C$6.15 and last traded at C$6.31. 106,889 shares traded hands during trading, an increase of 52% from the average session volume of 70,552 shares. The stock had previously closed at C$6.49.

Coveo Solutions Trading Down 2.8 %

The company has a current ratio of 1.71, a quick ratio of 3.14 and a debt-to-equity ratio of 6.05. The company has a market cap of C$339.67 million, a P/E ratio of -21.03, a PEG ratio of 0.09 and a beta of 0.75. The stock’s 50 day moving average is C$6.79 and its 200-day moving average is C$6.49.

Coveo Solutions Company Profile

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.