This is a must watch, if you want to shakeup your investment: Callon Petroleum Company (CPE) and Covetrus Inc. (CVET)

On Dec 31, Gatto Joseph C. Jr., President and CEO exercised an option 64,304 shares of Callon Petroleum Company (NYSE: CPE), with the average selling price of the stock being $0.00 per share. The total amount realized from this exercised an option $0. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, Director – Faulkenberry Barbara J bought an extra 2,415 shares of this stock in a transaction that took place a day before, on Aug 27, with a share bought at an average of $4.16 and a total of $10,039 was realized from this transaction. After the transaction, the Director – Faulkenberry Barbara J was left with 14,692 shares of the company’s stock, which is currently worth around $61118.72.

The recent price movement of CPE means that it is now down by -51.81% from its 52-week high and 17.38% up against its 52-week low prices. Over the past one week, the price volatility of CPE stands at 4.33% while the volatility over the past one month is 4.99%. The beta score for this stock is 1.61. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 11/04/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.17 earnings per share (EPS) during that period. This report was below the expectations of analysts of 0.2 by -0.03. The revenue by the firm was 169.09M for the quarter.

The shares of Callon Petroleum Company (CPE) dropped by -0.24%, leading to a loss of -$0.01 per share, and saw CPE end the trading session at $4.12 on Wednesday 01/15/20. CPE started the trading session at $4.10, before reaching a daily high of $4.155. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $4.07.

The trading volume on Wednesday stood at 11242665, which was below the stock’s 3-month average volume of 17.97 million shares, out of a total 394.86M shares. As the price of the stock dipped, the market valuation of the company dropped to 1.70 billion.

The shares of Covetrus Inc. (NASDAQ: CVET) went up by 4.96% by the end of the recent trading session. This movement saw its price surge to close at $14.38, which was higher than the previous closing price of $13.70. Over the past one week, the price of CVET has jumped by 5.74%, while it has recorded a gain of 10.36% over the past one month. Its three-month performance saw CVET gain 29.55% while its six-month performance saw it drop by -42.36%. The situation is different though over year-to-date (YTD) price performance jumped by 8.94%. The stock price has gone up by +76.23% compared to its 90-day low, while it is down -4.89% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Hold. In the short-term, the stock has a 20-day average volume of 1,472,400 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 2,125,032 shares and the indicators have an average rating of Hold. The last indicators, the long-term see CVET stock with a 100-Day average volume of 1,989,326 shares, giving it an average rating of 50% Sell. A look at the general picture of all short, medium and long-term indicators leaves CVET with an average rating of Hold.

Several brokerage firms sent out their reports CVET stock not long ago. In its report sent out on September 09, 2019, Goldman lowered its ratings on CVET to a Sell. In an earlier report on May 23, 2019, Stifel Initiated the stock to a Hold. Credit Suisse meanwhile in its report on April 04, 2019 Initiated its rating of the stock to “Neutral”.

In related news to the company’s stock, around 93.70% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 360 institutions currently hold the CVET stock. In the last quarter, a 107,819,913 CVET shares were in the possession of institutions. On the other hand, the company recorded 44 new institutions who bought it their stock, while 79 institutions sold their entire CVET reserve. Of the current institutions investing in the stock, 122 increased their investment while 184 decreased their investment in the stock.