What’s Ahead for Aveda Transportation and Energy Svcs Inc After Today’s Huge Decline?

 What's Ahead for Aveda Transportation and Energy Svcs Inc After Today's Huge Decline?

The stock of Aveda Transportation and Energy Svcs Inc (CVE:AVE) is a huge mover today! About 22,561 shares traded hands. Aveda Transportation and Energy Svcs Inc (CVE:AVE) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 7 months negative chart setup for the $12.02 million company. It was reported on Dec, 1 by Barchart.com. We have $0.56 PT which if reached, will make CVE:AVE worth $721,200 less.

Another recent and important Aveda Transportation and Energy Svcs Inc (CVE:AVE) news was published by Marketwired.com which published an article titled: “Aveda Transportation and Energy Services Announces Results for the Fourth …” on April 04, 2016.

Aveda Transportation and Energy Services Inc. is a Canada firm engaged in the transportation of products, materials, and equipment required for the exploration, development and production of petroleum resources, including rig moving, heavy haul and hot shot services, and the rental of equipment associated with oilfields operations. The company has a market cap of $12.02 million. The Firm carries on its oilfield hauling activities in Canada and the United States under the name, Aveda Transportation and Energy Services; carries on its rental activities under the name, Aveda Rentals, and carries on specialized transportation services under Aveda Heavy Haul. It currently has negative earnings. The Company’s rental activities include the rental of tanks, mats, pickers, light towers, well-site shacks and other equipment necessary for oilfield operations.

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