Coveo Solutions (TSE:CVO) Stock Price Up 13.5% – Time to Buy?

Coveo Solutions Inc. (TSE:CVOGet Free Report)’s stock price shot up 13.5% during mid-day trading on Tuesday . The stock traded as high as C$7.05 and last traded at C$6.91. 163,557 shares were traded during trading, an increase of 95% from the average session volume of 83,720 shares. The stock had previously closed at C$6.09.

Coveo Solutions Trading Up 15.8 %

The company has a debt-to-equity ratio of 6.05, a current ratio of 1.71 and a quick ratio of 3.14. The company has a fifty day moving average of C$6.45 and a 200-day moving average of C$6.31. The firm has a market capitalization of C$379.50 million, a PE ratio of -23.50, a price-to-earnings-growth ratio of 0.09 and a beta of 0.75.

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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