Covalon Technologies (OTCMKTS:CVALF – Get Free Report) is anticipated to announce its earnings results before the market opens on Wednesday, August 20th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $9.34 million for the quarter.
Covalon Technologies (OTCMKTS:CVALF – Get Free Report) last announced its quarterly earnings results on Wednesday, May 28th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.01. Covalon Technologies had a return on equity of 13.40% and a net margin of 10.95%. The business had revenue of $5.27 million for the quarter, compared to the consensus estimate of $7.67 million.
Covalon Technologies Trading Up 0.3%
Shares of OTCMKTS:CVALF opened at $1.77 on Wednesday. Covalon Technologies has a 12-month low of $1.46 and a 12-month high of $3.08. The business’s fifty day simple moving average is $1.81 and its 200-day simple moving average is $1.82. The company has a market capitalization of $48.53 million, a PE ratio of 19.67 and a beta of 0.63.
Covalon Technologies Company Profile
Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of medical products in infection management, advanced wound care, and surgical procedure areas in the United States, Canada, the Middle East, Asia, Latin America, and internationally. The company’s platform technologies comprise collagen matrix platform that is used to manufacture a family of products to treat chronic and infected wounds, including diabetic ulcers, pressure ulcers, venous ulcers, donor and graft sites, traumatic wounds healing by secondary intention, dehisced surgical wounds, and first and second degree burns; and antimicrobial silicone adhesive platform, which is used for family of pre and post-surgical, and vascular access products that are designed to kill bacteria or yeast that comes into contact with the antimicrobial silicone providing broad-spectrum antimicrobial activity.
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