Coveo Solutions (TSE:CVO) Shares Up 2.4% – Time to Buy?

Coveo Solutions Inc. (TSE:CVO)’s share price rose 2.4% on Thursday . The stock traded as high as C$6.82 and last traded at C$6.76. Approximately 130,424 shares traded hands during trading, a decline of 5% from the average daily volume of 137,383 shares. The stock had previously closed at C$6.60.

Coveo Solutions Stock Up 1.6 %

The stock has a 50-day simple moving average of C$6.48 and a 200-day simple moving average of C$6.61. 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$369.81 million, a price-to-earnings ratio of -22.90, a price-to-earnings-growth ratio of 0.09 and a beta of 0.75.

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.