CV Holdings Inc (NYSE:CBF) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 13, 2016
Zacks Investment Research has downgraded CV Holdings Inc (NYSE:CBF) to Sell in a statement released on 10/13/2016.
Boasting a price of $0.22, CV Holdings Inc (NYSE:CBF) traded 0.13% higher on the day. With the last stock price close down 4.02% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. CV Holdings Inc has recorded a 50-day average of $31.46 and a two hundred day average of $30.40. Volume of trade was up over the average, with 111,390 shares of CBF changing hands over the typical 86,160
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CV Holdings Inc has a 52 week low of $27.12 and a 52 week high of $35.95 with a P/E ratio of 24.44 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $34.80 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About CV Holdings Inc (NYSE:CBF)
CV Holdings, Inc. is a public real estate investment trust (REIT) focused on the acquisition and management of residential non-performing loans (NPLs) and real estate owned (REO) properties across the nation. The Company is engaged in the distressed residential loan/REO properties market. The Company is also focused on growing its residential NPL business. The Company manages and controls all aspects of its distressed residential asset acquisition and management cycles. The Company offers a technology platform, CV Access, to control and scale its Single Point of Contact (SPoC) management system, and focuses on working to keep qualified homeowners in their homes through a restructured loan.
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