Disposition of tradable shares by David Parker of Covenant Logistics subject to Rule 16b-3

CV5 Stock  EUR 26.00  0.50  1.89%   
Roughly 61% of Covenant Logistics' investor base is looking to short. The analysis of current outlook of investing in Covenant Logistics Group suggests that many traders are alarmed regarding Covenant Logistics' prospects. The current market sentiment, together with Covenant Logistics' historical and current headlines, can help investors time the market. In addition, many technical investors use Covenant Logistics stock news signals to limit their universe of possible portfolio assets.
Covenant Logistics stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Covenant daily returns and investor perception about the current price of Covenant Logistics Group as well as its diversification or hedging effects on your existing portfolios.
  
Filed transaction by Covenant Logistics Group Director, 10 Percent Owner, Officer Chairman And Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

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Covenant insider trading alert for disposition of class a common stock by David Parker, Director, 10 Percent Owner, Officer: Chairman And Ceo, on 17th of June 2024. This event was filed by Covenant Logistics Group with SEC on 2022-12-31. Annual statement of changes in beneficial ownership - SEC Form 5

Covenant Logistics Fundamental Analysis

We analyze Covenant Logistics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Covenant Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Covenant Logistics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Ratio

Current Ratio Comparative Analysis

Covenant Logistics is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Covenant Logistics Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Covenant Logistics stock to make a market-neutral strategy. Peer analysis of Covenant Logistics could also be used in its relative valuation, which is a method of valuing Covenant Logistics by comparing valuation metrics with similar companies.

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