Yesterday, a Director at Covenant Transportation Group (CVTI), Robert Bosworth, bought shares of CVTI for $75K.
Following Robert Bosworth’s last CVTI Buy transaction on May 31, 2013, the stock climbed by 10.3%. Following this transaction Robert Bosworth’s holding in the company was increased by 5.34% to a total of $1.57 million.
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Based on Covenant Transportation Group’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $219 million and quarterly net profit of $4.43 million. In comparison, last year the company earned revenue of $174 million and had a net profit of $4.42 million. CVTI’s market cap is $277.1M and the company has a P/E ratio of 6.94. Currently, Covenant Transportation Group has an average volume of 172K.
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Covenant Transportation Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Truckload and Managed Freight segments.
