C
Covalon Technologies Ltd.
COV.V
TSX
C
Hold
2/18/2025Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C from C- on 2/18/2025 due to a noticeable increase in the total return index and valuation index.
Covalon Technologies Ltd. (COV.V) was upgraded to C from C- on 2/18/2025 due to a noticeable increase in the total return index and valuation index.
C
Hold
2/14/2025Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C- from D- on 2/14/2025 due to a significant increase in the efficiency index, total return index and solvency index. The quick ratio increased from 3.55 to 5.17, debt to equity declined from 0.03 to 0.02, and total capital increased 26.48% from $16.62M to $21.03M.
Covalon Technologies Ltd. (COV.V) was upgraded to C- from D- on 2/14/2025 due to a significant increase in the efficiency index, total return index and solvency index. The quick ratio increased from 3.55 to 5.17, debt to equity declined from 0.03 to 0.02, and total capital increased 26.48% from $16.62M to $21.03M.
D
Sell
5/30/2024Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D- from E+ on 5/30/2024 due to a significant increase in the growth index, volatility index and total return index. Operating cash flow increased 189.04% from -$78.5 to $69.9, earnings per share increased from -$0.0926 to -$0.0254, and EBIT increased 49.33% from -$2.13M to -$1.08M.
Covalon Technologies Ltd. (COV.V) was upgraded to D- from E+ on 5/30/2024 due to a significant increase in the growth index, volatility index and total return index. Operating cash flow increased 189.04% from -$78.5 to $69.9, earnings per share increased from -$0.0926 to -$0.0254, and EBIT increased 49.33% from -$2.13M to -$1.08M.
E
Sell
1/29/2024Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to E+ from D on 1/29/2024 due to a major decline in the total return index, efficiency index and volatility index. Net income declined 474.94% from -$373.5 to -$2.15M, and total capital declined 12.59% from $17.21M to $15.05M.
Covalon Technologies Ltd. (COV.V) was downgraded to E+ from D on 1/29/2024 due to a major decline in the total return index, efficiency index and volatility index. Net income declined 474.94% from -$373.5 to -$2.15M, and total capital declined 12.59% from $17.21M to $15.05M.
D
Sell
1/26/2023Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D from C on 1/26/2023 due to a significant decline in the valuation index, efficiency index and growth index. Earnings per share declined from -$0.0487 to -$0.1237, EBIT declined 150.96% from -$1.24M to -$3.1M, and net income declined 147.89% from -$1.26M to -$3.12M.
Covalon Technologies Ltd. (COV.V) was downgraded to D from C on 1/26/2023 due to a significant decline in the valuation index, efficiency index and growth index. Earnings per share declined from -$0.0487 to -$0.1237, EBIT declined 150.96% from -$1.24M to -$3.1M, and net income declined 147.89% from -$1.26M to -$3.12M.
C
Hold
5/31/2022Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C from D+ on 5/31/2022 due to a large increase in the growth index and total return index.
Covalon Technologies Ltd. (COV.V) was upgraded to C from D+ on 5/31/2022 due to a large increase in the growth index and total return index.
D
Sell
5/10/2022Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C- on 5/10/2022 due to a decline in the volatility index, total return index and efficiency index.
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C- on 5/10/2022 due to a decline in the volatility index, total return index and efficiency index.
C
Hold
3/2/2022Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to C- from C on 3/2/2022 due to a significant decline in the growth index, total return index and volatility index. EBIT declined 195.82% from $907.3 to -$869.4, earnings per share declined from $0.6825 to -$0.0476, and total revenue declined 25.32% from $5.25M to $3.92M.
Covalon Technologies Ltd. (COV.V) was downgraded to C- from C on 3/2/2022 due to a significant decline in the growth index, total return index and volatility index. EBIT declined 195.82% from $907.3 to -$869.4, earnings per share declined from $0.6825 to -$0.0476, and total revenue declined 25.32% from $5.25M to $3.92M.
C
Hold
1/10/2022Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C from D on 1/10/2022 due to a significant increase in the valuation index, efficiency index and solvency index. Net income increased 1,961.05% from $861.4 to $17.75M, the quick ratio increased from 0.42 to 6.38, and debt to equity declined from 1.95 to 0.02.
Covalon Technologies Ltd. (COV.V) was upgraded to C from D on 1/10/2022 due to a significant increase in the valuation index, efficiency index and solvency index. Net income increased 1,961.05% from $861.4 to $17.75M, the quick ratio increased from 0.42 to 6.38, and debt to equity declined from 1.95 to 0.02.
D
Sell
11/23/2021Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D from D- on 11/23/2021 due to an increase in the total return index and valuation index.
Covalon Technologies Ltd. (COV.V) was upgraded to D from D- on 11/23/2021 due to an increase in the total return index and valuation index.
D
Sell
11/8/2021Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D- from D on 11/8/2021 due to a decline in the valuation index and growth index. Operating cash flow declined 48.81% from $615 to $314.8.
Covalon Technologies Ltd. (COV.V) was downgraded to D- from D on 11/8/2021 due to a decline in the valuation index and growth index. Operating cash flow declined 48.81% from $615 to $314.8.
D
Sell
3/2/2021Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D from E+ on 3/2/2021 due to a significant increase in the growth index, total return index and volatility index. Earnings per share increased from -$0.0676 to -$0.0077, EBIT increased 82.82% from -$1.13M to -$194.3, and total revenue increased 3.38% from $4.44M to $4.59M.
Covalon Technologies Ltd. (COV.V) was upgraded to D from E+ on 3/2/2021 due to a significant increase in the growth index, total return index and volatility index. Earnings per share increased from -$0.0676 to -$0.0077, EBIT increased 82.82% from -$1.13M to -$194.3, and total revenue increased 3.38% from $4.44M to $4.59M.
E
Sell
1/29/2021Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to E+ from D on 1/29/2021 due to a major decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.0072 to -$0.0676, EBIT declined 401.49% from $375.2 to -$1.13M, and operating cash flow declined 110.92% from $422.2 to -$46.1.
Covalon Technologies Ltd. (COV.V) was downgraded to E+ from D on 1/29/2021 due to a major decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.0072 to -$0.0676, EBIT declined 401.49% from $375.2 to -$1.13M, and operating cash flow declined 110.92% from $422.2 to -$46.1.
D
Sell
8/25/2020Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D from D- on 8/25/2020 due to a large increase in the growth index, valuation index and volatility index. Operating cash flow increased 541.64% from $65.8 to $422.2, EBIT increased 113.69% from -$2.74M to $375.2, and earnings per share increased from -$0.1127 to $0.0072.
Covalon Technologies Ltd. (COV.V) was upgraded to D from D- on 8/25/2020 due to a large increase in the growth index, valuation index and volatility index. Operating cash flow increased 541.64% from $65.8 to $422.2, EBIT increased 113.69% from -$2.74M to $375.2, and earnings per share increased from -$0.1127 to $0.0072.
D
Sell
7/15/2020Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D- from D on 7/15/2020 due to a decline in the growth index, volatility index and solvency index. EBIT declined 281.22% from -$719 to -$2.74M, earnings per share declined from -$0.0379 to -$0.1116, and total revenue declined 35.01% from $6.02M to $3.91M.
Covalon Technologies Ltd. (COV.V) was downgraded to D- from D on 7/15/2020 due to a decline in the growth index, volatility index and solvency index. EBIT declined 281.22% from -$719 to -$2.74M, earnings per share declined from -$0.0379 to -$0.1116, and total revenue declined 35.01% from $6.02M to $3.91M.
D
Sell
6/25/2020Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D from D- on 6/25/2020 due to an increase in the valuation index, volatility index and total return index.
Covalon Technologies Ltd. (COV.V) was upgraded to D from D- on 6/25/2020 due to an increase in the valuation index, volatility index and total return index.
D
Sell
5/20/2020Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D- from D on 5/20/2020 due to a significant decline in the total return index, solvency index and efficiency index. The quick ratio declined from 0.74 to 0.41, and debt to equity increased from 1.22 to 1.3.
Covalon Technologies Ltd. (COV.V) was downgraded to D- from D on 5/20/2020 due to a significant decline in the total return index, solvency index and efficiency index. The quick ratio declined from 0.74 to 0.41, and debt to equity increased from 1.22 to 1.3.
D
Sell
5/17/2019Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 5/17/2019 due to a decline in the total return index and volatility index.
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 5/17/2019 due to a decline in the total return index and volatility index.
D
Sell
4/25/2019Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 4/25/2019 due to a noticeable increase in the total return index and growth index. Total revenue increased 8.02% from $5.09M to $5.5M.
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 4/25/2019 due to a noticeable increase in the total return index and growth index. Total revenue increased 8.02% from $5.09M to $5.5M.
D
Sell
12/18/2018Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D from C on 12/18/2018 due to a significant decline in the growth index, efficiency index and valuation index. Earnings per share declined from $0.0697 to -$0.0293, EBIT declined 128.07% from $1.7M to -$478.2, and net income declined 128.07% from $1.7M to -$478.2.
Covalon Technologies Ltd. (COV.V) was downgraded to D from C on 12/18/2018 due to a significant decline in the growth index, efficiency index and valuation index. Earnings per share declined from $0.0697 to -$0.0293, EBIT declined 128.07% from $1.7M to -$478.2, and net income declined 128.07% from $1.7M to -$478.2.
C
Hold
11/29/2018Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C from C- on 11/29/2018 due to an increase in the valuation index and volatility index.
Covalon Technologies Ltd. (COV.V) was upgraded to C from C- on 11/29/2018 due to an increase in the valuation index and volatility index.
C
Hold
11/14/2018Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to C- from C on 11/14/2018 due to a significant decline in the total return index.
Covalon Technologies Ltd. (COV.V) was downgraded to C- from C on 11/14/2018 due to a significant decline in the total return index.
C
Hold
6/20/2018Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C from C- on 6/20/2018 due to an increase in the total return index.
Covalon Technologies Ltd. (COV.V) was upgraded to C from C- on 6/20/2018 due to an increase in the total return index.
C
Hold
6/19/2018Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C- from D+ on 6/19/2018 due to a substantial increase in the total return index, growth index and solvency index.
Covalon Technologies Ltd. (COV.V) was upgraded to C- from D+ on 6/19/2018 due to a substantial increase in the total return index, growth index and solvency index.
D
Sell
5/2/2018Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C- on 5/2/2018 due to a significant decline in the total return index and volatility index.
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C- on 5/2/2018 due to a significant decline in the total return index and volatility index.
C
Hold
3/5/2018Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to C- from C on 3/5/2018 due to a decline in the total return index, valuation index and volatility index.
Covalon Technologies Ltd. (COV.V) was downgraded to C- from C on 3/5/2018 due to a decline in the total return index, valuation index and volatility index.
C
Hold
12/19/2017Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C from C- on 12/19/2017 due to a large increase in the efficiency index, total return index and valuation index. Total capital increased 7.04% from $6.71M to $7.19M.
Covalon Technologies Ltd. (COV.V) was upgraded to C from C- on 12/19/2017 due to a large increase in the efficiency index, total return index and valuation index. Total capital increased 7.04% from $6.71M to $7.19M.
C
Hold
9/25/2017Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C- from D+ on 9/25/2017 due to a substantial increase in the total return index, solvency index and volatility index.
Covalon Technologies Ltd. (COV.V) was upgraded to C- from D+ on 9/25/2017 due to a substantial increase in the total return index, solvency index and volatility index.
D
Sell
8/22/2017Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 8/22/2017 due to an increase in the efficiency index, growth index and solvency index. Total capital increased 75.96% from $3.82M to $6.71M, the quick ratio increased from 1.34 to 2.26, and net income increased 12.55% from $357.7 to $402.6.
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 8/22/2017 due to an increase in the efficiency index, growth index and solvency index. Total capital increased 75.96% from $3.82M to $6.71M, the quick ratio increased from 1.34 to 2.26, and net income increased 12.55% from $357.7 to $402.6.
D
Sell
8/7/2017Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 8/7/2017 due to a decline in the total return index.
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 8/7/2017 due to a decline in the total return index.
D
Sell
5/30/2017Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D- on 5/30/2017 due to a noticeable increase in the total return index, efficiency index and volatility index. Total capital increased 13.03% from $3.38M to $3.82M.
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D- on 5/30/2017 due to a noticeable increase in the total return index, efficiency index and volatility index. Total capital increased 13.03% from $3.38M to $3.82M.
D
Sell
1/31/2017Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D- from D on 1/31/2017 due to a noticeable decline in the efficiency index, total return index and volatility index.
Covalon Technologies Ltd. (COV.V) was downgraded to D- from D on 1/31/2017 due to a noticeable decline in the efficiency index, total return index and volatility index.
D
Sell
12/19/2016Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 12/19/2016 due to a major decline in the total return index and volatility index.
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 12/19/2016 due to a major decline in the total return index and volatility index.
D
Sell
10/25/2016Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C- on 10/25/2016 due to a decline in the total return index and volatility index.
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C- on 10/25/2016 due to a decline in the total return index and volatility index.
C
Hold
10/6/2016Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C- from D+ on 10/6/2016 due to a large increase in the total return index, growth index and volatility index. Total revenue increased 246.75% from $582 to $2.02M, operating cash flow increased 130.09% from -$652.3 to $196.3, and EBIT increased 87.06% from -$744.2 to -$96.3.
Covalon Technologies Ltd. (COV.V) was upgraded to C- from D+ on 10/6/2016 due to a large increase in the total return index, growth index and volatility index. Total revenue increased 246.75% from $582 to $2.02M, operating cash flow increased 130.09% from -$652.3 to $196.3, and EBIT increased 87.06% from -$744.2 to -$96.3.
D
Sell
7/20/2016Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 7/20/2016 due to a large increase in the total return index and volatility index.
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 7/20/2016 due to a large increase in the total return index and volatility index.
D
Sell
6/1/2016Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 6/1/2016 due to a substantial decline in the growth index, efficiency index and solvency index. Earnings per share declined from $0.015 to -$0.073, net income declined 488.07% from $200.3 to -$777.3, and EBIT declined 408.8% from $241 to -$744.2.
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 6/1/2016 due to a substantial decline in the growth index, efficiency index and solvency index. Earnings per share declined from $0.015 to -$0.073, net income declined 488.07% from $200.3 to -$777.3, and EBIT declined 408.8% from $241 to -$744.2.
D
Sell
3/11/2016Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C on 3/11/2016 due to a significant decline in the volatility index and valuation index.
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C on 3/11/2016 due to a significant decline in the volatility index and valuation index.
C
Hold
3/2/2016Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to C from D+ on 3/2/2016 due to a significant increase in the efficiency index, growth index and volatility index. Total revenue increased 14.06% from $1.6M to $1.83M, and total capital increased 2.83% from $4.2M to $4.32M.
Covalon Technologies Ltd. (COV.V) was upgraded to C from D+ on 3/2/2016 due to a significant increase in the efficiency index, growth index and volatility index. Total revenue increased 14.06% from $1.6M to $1.83M, and total capital increased 2.83% from $4.2M to $4.32M.
D
Sell
10/26/2015Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 10/26/2015 due to an increase in the volatility index.
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 10/26/2015 due to an increase in the volatility index.
D
Sell
10/7/2015Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 10/7/2015 due to a substantial decline in the volatility index.
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 10/7/2015 due to a substantial decline in the volatility index.
D
Sell
8/28/2015Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 8/28/2015 due to an increase in the efficiency index and valuation index. Total capital increased 0.56% from $5.04M to $5.07M.
Covalon Technologies Ltd. (COV.V) was upgraded to D+ from D on 8/28/2015 due to an increase in the efficiency index and valuation index. Total capital increased 0.56% from $5.04M to $5.07M.
D
Sell
5/29/2015Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 5/29/2015 due to a decline in the efficiency index, solvency index and volatility index. Net income declined 205.24% from -$202.4 to $213, debt to equity increased from 0.13 to 0.14, and total capital declined 3.28% from $5.21M to $5.04M.
Covalon Technologies Ltd. (COV.V) was downgraded to D from D+ on 5/29/2015 due to a decline in the efficiency index, solvency index and volatility index. Net income declined 205.24% from -$202.4 to $213, debt to equity increased from 0.13 to 0.14, and total capital declined 3.28% from $5.21M to $5.04M.
D
Sell
2/27/2015Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C+ on 2/27/2015 due to a significant decline in the valuation index, efficiency index and solvency index. Net income declined 75.77% from -$835.5 to -$202.4, the quick ratio declined from 3.47 to 2.73, and debt to equity increased from 0.12 to 0.13.
Covalon Technologies Ltd. (COV.V) was downgraded to D+ from C+ on 2/27/2015 due to a significant decline in the valuation index, efficiency index and solvency index. Net income declined 75.77% from -$835.5 to -$202.4, the quick ratio declined from 3.47 to 2.73, and debt to equity increased from 0.12 to 0.13.
C
Hold
2/25/2015Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to C+ from B- on 2/25/2015 due to a substantial decline in the valuation index, total return index and solvency index. Debt to equity increased from 0.1 to 0.12.
Covalon Technologies Ltd. (COV.V) was downgraded to C+ from B- on 2/25/2015 due to a substantial decline in the valuation index, total return index and solvency index. Debt to equity increased from 0.1 to 0.12.
B
Buy
6/2/2014Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to B- from B on 6/2/2014 due to a substantial decline in the growth index, efficiency index and volatility index. Operating cash flow declined 112.18% from $3.91M to -$475.9, earnings per share declined from $0.1621 to $0.0181, and net income declined 86.86% from $2.97M to $390.9.
Covalon Technologies Ltd. (COV.V) was downgraded to B- from B on 6/2/2014 due to a substantial decline in the growth index, efficiency index and volatility index. Operating cash flow declined 112.18% from $3.91M to -$475.9, earnings per share declined from $0.1621 to $0.0181, and net income declined 86.86% from $2.97M to $390.9.
B
Buy
4/14/2014Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to B from B- on 4/14/2014 due to an increase in the total return index and valuation index.
Covalon Technologies Ltd. (COV.V) was upgraded to B from B- on 4/14/2014 due to an increase in the total return index and valuation index.
B
Buy
3/28/2014Downgrade
Covalon Technologies Ltd. (COV.V) was downgraded to B- from B on 3/28/2014 due to a decline in the total return index and volatility index.
Covalon Technologies Ltd. (COV.V) was downgraded to B- from B on 3/28/2014 due to a decline in the total return index and volatility index.
B
Buy
3/13/2014Upgraded
Covalon Technologies Ltd. (COV.V) was upgraded to B from D on 3/13/2014 due to a significant increase in the valuation index, volatility index and growth index. EBIT increased 2,426.81% from $118.6 to $3M, earnings per share increased from $0.0126 to $0.1621, and total revenue increased 187.98% from $1.5M to $4.31M.
Covalon Technologies Ltd. (COV.V) was upgraded to B from D on 3/13/2014 due to a significant increase in the valuation index, volatility index and growth index. EBIT increased 2,426.81% from $118.6 to $3M, earnings per share increased from $0.0126 to $0.1621, and total revenue increased 187.98% from $1.5M to $4.31M.
