Shares of Covenant Transportation Group, Inc. (CVTI) Sees Large Outflow of Money

Covenant Transportation Group, Inc. (CVTI) surged 1.82% during the last session. The last traded price was up 0.35 points at $19.57. The data for the fund flow suggests that the net intraday money flow was $(-1.46) million. The fund value in upticks was recorded to be $1.05 million and in downticks, it was found to be $2.51 million. The up/down ratio for the day was measured to be 0.42. For the week, the shares have seen a percentage change of 3.76%.A block trade of $(-1.49) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0.97 million and that of downticks was $2.46 million. The block tradeoff had the up/down ratio of 0.39.

Based on the Stock Research reports from financial advisors, there are 1 Analysts recommending as a Strong Buy, Investors should also note that 3 Stock brokerage firms are recommending to Hold the stock for short term. Covenant Transportation Group, Inc. (NASDAQ:CVTI) rose 3.02% or 0.58 points on Thursday and made its way into the gainers of the day. After trading began at $19.3 the stock was seen hitting $20.11 as a peak level and $19.01 as the lowest level. The stock ended up at $19.8. The daily volume was measured at 289,381 shares. The 52-week high of the share price is $25.77 and the 52-week low is $14.26. The company has a market cap of $360 million.

Covenant Transport, Inc. is a truckload carrier that offers just-in-time and other premium transportation service for customers throughout the United States.


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