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Convergenze. Società Benefit BIT:CVG Stock Report

Last Price

€1.53

Market Cap

€11.5m

7D

3.4%

1Y

-32.0%

Updated

27 Mar, 2024

Data

Company Financials +

Convergenze S.p.A. Società Benefit

BIT:CVG Stock Report

Market Cap: €11.5m

Convergenze S.p.A. Società Benefit Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Convergenze. Società Benefit
Historical stock prices
Current Share Price€1.53
52 Week High€2.40
52 Week Low€0.98
Beta0.072
1 Month Change-0.65%
3 Month Change5.52%
1 Year Change-32.00%
3 Year Change-49.50%
5 Year Changen/a
Change since IPO-41.71%

Recent News & Updates

Convergenze S.p.A. Società Benefit's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share Price

Jan 24
Convergenze S.p.A. Società Benefit's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share Price

Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Dec 18
Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Recent updates

Convergenze S.p.A. Società Benefit's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share Price

Jan 24
Convergenze S.p.A. Società Benefit's (BIT:CVG) Intrinsic Value Is Potentially 35% Above Its Share Price

Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Dec 18
Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Right But Growth Is Lacking After Shares Rocket 28%

Convergenze. Società Benefit (BIT:CVG) Will Be Hoping To Turn Its Returns On Capital Around

Oct 26
Convergenze. Società Benefit (BIT:CVG) Will Be Hoping To Turn Its Returns On Capital Around

There Is A Reason Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Undemanding

Sep 21
There Is A Reason Convergenze S.p.A. Società Benefit's (BIT:CVG) Price Is Undemanding

Convergenze. Società Benefit (BIT:CVG) Is Reinvesting At Lower Rates Of Return

Mar 08
Convergenze. Società Benefit (BIT:CVG) Is Reinvesting At Lower Rates Of Return

Shareholder Returns

CVGIT TelecomIT Market
7D3.4%2.6%1.2%
1Y-32.0%-15.5%26.4%

Return vs Industry: CVG underperformed the Italian Telecom industry which returned -15.5% over the past year.

Return vs Market: CVG underperformed the Italian Market which returned 26.4% over the past year.

Price Volatility

Is CVG's price volatile compared to industry and market?
CVG volatility
CVG Average Weekly Movement7.9%
Telecom Industry Average Movement4.2%
Market Average Movement4.2%
10% most volatile stocks in IT Market7.9%
10% least volatile stocks in IT Market2.6%

Stable Share Price: CVG has not had significant price volatility in the past 3 months.

Volatility Over Time: CVG's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Italian stocks.

About the Company

FoundedEmployeesCEOWebsite
200587Rosario Pingarohttps://convergenze.it

Convergenze S.p.A. Società Benefit provides Internet services, voice, energy, and natural gas services. The company offers fiber optic network and WiFi; fixed telephony services; and value-added services such as cloud services, datacenter, and virtualization services. It also provides electricity supply service for the households and business customers; charging points for electric cars; and natural gas supply services.

Convergenze S.p.A. Società Benefit Fundamentals Summary

How do Convergenze. Società Benefit's earnings and revenue compare to its market cap?
CVG fundamental statistics
Market cap€11.47m
Earnings (TTM)-€322.12k
Revenue (TTM)€26.03m

0.4x

P/S Ratio

-35.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CVG income statement (TTM)
Revenue€26.03m
Cost of Revenue€20.59m
Gross Profit€5.44m
Other Expenses€5.77m
Earnings-€322.12k

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.043
Gross Margin20.91%
Net Profit Margin-1.24%
Debt/Equity Ratio136.6%

How did CVG perform over the long term?

See historical performance and comparison
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