Covenant Transportation Group Inc. (CVTI)

20.80
NASDAQ : Transportation
Prev Close 20.25
Day Low/High 20.37 / 21.30
52 Wk Low/High 19.92 / 35.19
Avg Volume 119.40K
Exchange NASDAQ
Shares Outstanding 16.00M
Market Cap 371.51M
EPS 3.00
P/E Ratio 4.94
Div & Yield N.A. (N.A)

Latest News

CVTI Makes Notable Cross Below Critical Moving Average

CVTI Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Covenant Transportation Group Inc crossed below their 200 day moving average of $29.20, changing hands as low as $28.33 per share. Covenant Transportation Group Inc shares are currently trading off about 4.5% on the day.

Noteworthy Tuesday Option Activity: CVTI, BHVN, POWI

Noteworthy Tuesday Option Activity: CVTI, BHVN, POWI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Covenant Transportation Group Inc , where a total volume of 1,140 contracts has been traded thus far today, a contract volume which is representative of approximately 114,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 63% of CVTI's average daily trading volume over the past month, of 181,040 shares.

Trucking Stocks Get Run Over as Investors Mull Trade War Possibilities

Trucking Stocks Get Run Over as Investors Mull Trade War Possibilities

Fewer imports and higher prices mean smaller shipping volume. Hence, trucking stocks take it on the chin on Monday.

Commit To Purchase Covenant Transportation Group At $22.50, Earn 14% Annualized Using Options

Commit To Purchase Covenant Transportation Group At $22.50, Earn 14% Annualized Using Options

Investors eyeing a purchase of Covenant Transportation Group Inc stock, but cautious about paying the going market price of $25.55/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $22.50 strike, which has a bid at the time of this writing of $1.90.

Ratings Changes Today

TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: CDK, CVTI, RCI Downgrades: EMX, EVTC, IIIN, UEPS Initiations: VSM Read on to get TheStreet Quant Ratings' detailed report:

Commit To Purchase Covenant Transportation Group At $17.50, Earn 11.4% Annualized Using Options

Commit To Purchase Covenant Transportation Group At $17.50, Earn 11.4% Annualized Using Options

Investors eyeing a purchase of Covenant Transportation Group Inc shares, but cautious about paying the going market price of $21.36/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2018 put at the $17.50 strike, which has a bid at the time of this writing of $1.15.

CVTI Crosses Above Average Analyst Target

CVTI Crosses Above Average Analyst Target

In recent trading, shares of Covenant Transportation Group Inc have crossed above the average analyst 12-month target price of $21.00, changing hands for $21.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

CVTI Makes Bullish Cross Above Critical Moving Average

CVTI Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Covenant Transportation Group Inc crossed above their 200 day moving average of $18.67, changing hands as high as $18.74 per share. Covenant Transportation Group Inc shares are currently trading up about 8.5% on the day.

Ratings Changes Today

TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: ADS, AKRX, CSS, DISCA, GPS, LOCO Downgrades: CVTI, NCR Initiations: FLOW Read on to get TheStreet Quant Ratings' detailed report:

Commit To Purchase Covenant Transportation Group At $15, Earn 12.5% Annualized Using Options

Investors eyeing a purchase of Covenant Transportation Group Inc stock, but tentative about paying the going market price of $17.24/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $15 strike, which has a bid at the time of this writing of 80 cents.

Oversold Conditions For Covenant Transportation Group (CVTI)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

CVTI Crosses Above Average Analyst Target

In recent trading, shares of Covenant Transportation Group Inc have crossed above the average analyst 12-month target price of $20.67, changing hands for $21.49/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

Commit To Buy Covenant Transportation Group At $15, Earn 9.4% Annualized Using Options

Commit To Buy Covenant Transportation Group At $15, Earn 9.4% Annualized Using Options

Investors eyeing a purchase of Covenant Transportation Group Inc shares, but tentative about paying the going market price of $19.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2017 put at the $15 strike, which has a bid at the time of this writing of 65 cents.

Covenant Transportation Group Selects ORBCOMM For Fleet-Wide Cold Chain Telematics Solution

Covenant Transportation Group Selects ORBCOMM For Fleet-Wide Cold Chain Telematics Solution

ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that Covenant Transportation Group (CTG), one of the top truckload providers in the United...

CVTI Crosses Above Average Analyst Target

CVTI Crosses Above Average Analyst Target

In recent trading, shares of Covenant Transportation Group Inc have crossed above the average analyst 12-month target price of $20.67, changing hands for $20.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

TheStreet Quant Rating: B- (Buy)