Chervon Holdings Limited (OTCMKTS:CHRHF – Get Free Report) shot up 24.4% during trading on Thursday . The stock traded as high as $2.65 and last traded at $2.65. Approximately 223 shares changed hands during trading, a decline of 66% from the average daily volume of 657 shares. The stock had previously closed at $2.13.
Wall Street Analysts Forecast Growth
Separately, Citigroup upgraded shares of Chervon to a “buy” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.
Get Our Latest Stock Report on CHRHF
Chervon Stock Performance
About Chervon
Chervon (OTCMKTS:CHRHF) is a global designer, manufacturer and marketer of professional and consumer power tools and outdoor power equipment. The company develops a diverse range of tools, including battery-powered, corded electric and gas-powered handheld products such as drills, impact drivers, saws, grinders, sanders and nailers, as well as outdoor equipment like lawn mowers, string trimmers and leaf blowers. Chervon markets its solutions under proprietary brands and also provides OEM production services for third-party customers.
Chervon’s brand portfolio encompasses multiple trademarks, including EGO Power+, Flex, Skil and ZALL.
Further Reading
- Five stocks we like better than Chervon
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for Chervon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chervon and related companies with MarketBeat.com's FREE daily email newsletter.
