Commercial Vehicle Group Inc (CVGI) 20 Days SMA touches -29.94%: The odds favor the bear

On Tuesday, Commercial Vehicle Group Inc (NASDAQ: CVGI) opened lower -16.49% from the last session, before settling in for the closing price of $1.13. Price fluctuations for CVGI have ranged from $0.99 to $6.55 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Cyclical Sector giant saw their annual sales slid by -2.45% over the last five years. Company’s average yearly earnings per share was noted -83.33% at the time writing. With a float of $29.44 million, this company’s outstanding shares have now reached $31.44 million.

The firm has a total of 6900 workers. Let’s measure their productivity. In terms of profitability, gross margin is 10.56%, operating margin of 1.06%, and the pretax margin is -0.83%.

Commercial Vehicle Group Inc (CVGI) Insider Activity

A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Commercial Vehicle Group Inc is 15.02%, while institutional ownership is 64.59%. The most recent insider transaction that took place on Dec 03 ’24, was worth 46,856. In this transaction Director of this company bought 19,362 shares at a rate of $2.42, taking the stock ownership to the 82,997 shares. Before that another transaction happened on Dec 04 ’24, when Company’s Director bought 2,838 for $2.37, making the entire transaction worth $6,726. This insider now owns 85,835 shares in total.

Commercial Vehicle Group Inc (CVGI) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -83.33% per share during the next fiscal year.

Commercial Vehicle Group Inc (NASDAQ: CVGI) Trading Performance Indicators

Check out the current performance indicators for Commercial Vehicle Group Inc (CVGI). In the past quarter, the stock posted a quick ratio of 1.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.83, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach 0.29 in one year’s time.

Technical Analysis of Commercial Vehicle Group Inc (CVGI)

Analysing the last 5-days average volume posted by the [Commercial Vehicle Group Inc, CVGI], we can find that recorded value of 0.51 million was better than the volume posted last year of 0.37 million. As of the previous 9 days, the stock’s Stochastic %D was 17.94%. Additionally, its Average True Range was 0.14.

During the past 100 days, Commercial Vehicle Group Inc’s (CVGI) raw stochastic average was set at 0.55%, which indicates a significant decrease from 1.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.15% in the past 14 days, which was higher than the 69.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7489, while its 200-day Moving Average is $2.9210. Now, the first resistance to watch is $1.1100. This is followed by the second major resistance level at $1.2800. The third major resistance level sits at $1.3700. If the price goes on to break the first support level at $0.8500, it is likely to go to the next support level at $0.7600. Should the price break the second support level, the third support level stands at $0.5900.

Commercial Vehicle Group Inc (NASDAQ: CVGI) Key Stats

There are currently 34,640K shares outstanding in the company with a market cap of 32.69 million. Presently, the company’s annual sales total 723,360 K according to its annual income of -27,870 K. Last quarter, the company’s sales amounted to 89,610 K and its income totaled -38,720 K.