Cenveo Director Mark J. Griffin Purchases 3,000 Shares (CVO)
Cenveo (NYSE:CVO) Director Mark J. Griffin purchased 3,000 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was purchased at an average price of $3.06 per share, with a total value of $9,180.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at CRT Capital raised their price target on shares of Cenveo from $3.75 to $5.50 in a research note on Monday, June 23rd. They now have a “buy” rating on the stock.
Shares of Cenveo (NYSE:CVO) traded down 0.33% on Tuesday, hitting $3.03. 436,770 shares of the company’s stock traded hands. Cenveo has a one year low of $2.69 and a one year high of $3.92. The stock has a 50-day moving average of $3.34 and a 200-day moving average of $3.27. The company’s market cap is $205.0 million.
Cenveo (NYSE:CVO) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.03 by $0.06. The company had revenue of $479.40 million for the quarter, compared to the consensus estimate of $480.35 million. On average, analysts predict that Cenveo will post $0.19 earnings per share for the current fiscal year.
Cenveo, Inc is a diversified printing company in North America. The Company’s portfolio of products includes commercial printing, envelope converting, label manufacturing and specialty packaging production.
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