Zacks Investment Research upgraded Cnova NV (NASDAQ:CNV) to Hold in a report released today.
- Updated: September 27, 2016
Just yesterday Cnova NV (NASDAQ:CNV) traded 0.56% higher at $5.38. Cnova NV’s 50-day moving average is $5.28 and its 200-day moving average is $4.48. The last stock price is up 20.01% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 5,381 shares of CNV traded hands, down from an average trading volume of 91,125
Zacks Investment Research has upgraded Cnova NV (NASDAQ:CNV) to Hold in a report released on 9/27/2016.
Recent Performance Chart
Cnova NV has 52 week low of $2.02 and a 52 week high of $5.40 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 8 brokerages have issued a research note on the company. The average stock price target is $3.77 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Cnova NV (NASDAQ:CNV)
Cnova N.V. is an e-commerce company with its two markets in France and Brazil. The Company offers differentiated delivery and payment solutions. It operates through three segments: Cdiscount France, Cdiscount International and Cnova Brazil. The Cdiscount France segment is engaged in the retail sales of consumer products through Cdiscount.com and specialized Websites in France. The Cdiscount International segment is engaged in retail sales of consumer products through Websites created by Cdiscount S.A. (Cdiscount) outside of France. The Cnova Brazil segment is engaged in retail sales of consumer products through Websites in Brazil, including Extra.com.br, PontoFrio.com.br, CasasBahia.com.br, Barateiro.com.br, PartiuViagens.com.br, and wholesale activities and E-Hub. As of December 31, 2015, it offered over 29 million product offerings on its sites through its direct sales and marketplace businesses across various categories, such as consumer electronics, home appliances and computers.
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