Covanta Holding Corporation (NYSE:CVA) went down by -2.29% from its latest closing price when compared to the 1-year high value of $18.38 and move down -114.97%, while CVA stocks collected -1.72% of loss with the last five trading sessions. Press Release reported on 03/11/20 that Covanta Declares Regular Quarterly Cash Dividend

Covanta Holding Corporation (NYSE:CVA) Worth an Investment?

Covanta Holding Corporation (NYSE: CVA) scored price to earnings ratio above its average ratio, recording 123.91 times of increase in earnings at the present.

CVA Market Performance

CVA stocks went down by -1.72% for the week, with the monthly drop of -39.49% and a quarterly performance of -42.66%, while its annual performance rate touched -51.11%. The simple moving average for the period of the last 20 days is -16.53% for CVA stocks with the simple moving average of -44.92% for the last 200 days.

Analysts’ Opinion on Covanta Holding Corporation (NYSE:CVA)

Many brokerage firms have already submitted their reports for CVA stocks, with Jefferies repeating the rating for CVA shares by setting it to “Hold”. The predicted price for CVA socks in the upcoming period according to Jefferies is $5 based on the research report published on November 22, 2019.

Raymond James, on the other hand, stated in their research note that they expect to see CVA stock at the price of $5. The rating they have provided for CVA stocks is “Mkt Perform” according to the report published on October 22, 2019.

Macquarie gave “Outperform” rating to CVA stocks, setting the target price at $5 in the report published on April 30, 2019.

CVA Stocks -35.34% Far from 50 Day Moving Average

After a stumble in the market that brought CVA to its low price for the period of the last 52 weeks, Covanta Holding Corporation was unable to take a rebound, for now settling with -53.48% of loss for the given period.

The stock volatility was left at 9.44%, however, within the period of a single month, the volatility rate increased by 8.37%, while the shares sank at the distance of -37.13% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -45.12% lower at the present time.

In the course of the last 5 trading sessions, CVA went down by -1.72%, which changed the moving average for the period of 200 days to the total of -52.15% of losses for the stock in comparison to the 20-day moving average settled at $9.99. In addition, Covanta Holding Corporation saw -42.39% in overturn over the period of a single year with a tendency to cut further losses.

CVA Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Covanta Holding Corporation (CVA), starting from SILBERMAN ROBERT S, who bought 20,000 shares at the price of $9.71 back on Mar 13. After this action, Rushing now owns 120,000 shares of Covanta Holding Corporation, valued at $194,200 with the latest closing price.

Fisher Linda J., the Director of Covanta Holding Corporation, sold 12,000 shares at the value of $17.14 during a trade that took place back on Sep 06, which means that Fisher Linda J. is holding 34,736 shares at the value of $205,656 based on the most recent closing price.

CVA Stock Fundamentals

The current profitability levels are settled at +5.03 for the present operating margin and +11.55 for gross margin. The net margin for Covanta Holding Corporation stands at +0.53. Equity return holds the value 2.50%, with 0.30% for asset returns.