tiprankstipranks
Trending News
More News >
Covalon Technologies Ltd (TSE:COV)
:COV
Canadian Market

Covalon Technologies (COV) Price & Analysis

Compare
32 Followers

COV Stock Chart & Stats

C$1.75
-C$0.04(-1.22%)
At close: 4:00 PM EST
C$1.75
-C$0.04(-1.22%)

Bulls Say, Bears Say

Bulls Say
Low LeverageExtremely low financial leverage and a high equity ratio materially reduce bankruptcy and refinancing risk. This balance-sheet strength gives management durable optionality to fund operations, absorb near-term revenue shocks, or pursue partnerships without large new debt burdens.
High Gross MarginA >50% gross margin indicates product-level pricing power and healthy contribution per unit for consumable medical products. This supports long-term unit economics and the ability to finance commercial efforts or product development even as top-line fluctuates.
Recurring Consumable RevenueSelling single-use infection-prevention and wound-care consumables into hospitals creates structurally recurring demand from clinical workflows and purchasing contracts. This recurrence supports predictable baseline revenue and customer stickiness over multi-month horizons.
Bears Say
Steep Revenue DeclineA greater than 50% year-over-year revenue drop is a material structural concern: it erodes scale, weakens bargaining power with distributors, and increases per-unit fixed-cost absorption. Sustained declines reduce reinvestment capacity and threaten long-term growth prospects.
Weak Cash ConversionSharp free-cash-flow deterioration and sub-1.0 operating-cash-to-net-income conversion signal reduced liquidity generation. That constrains capital for sales, clinical trials, or inventory, raising the likelihood of external financing or cutbacks if revenue recovery lags.
Modest Operating MarginsRelatively low EBITDA and net margins limit the firm's ability to absorb demand shocks and fund strategic initiatives from operating profits. With narrow operational cushions, management must improve efficiency or scale to sustainably support growth and investments.

Covalon Technologies News

COV FAQ

What was Covalon Technologies Ltd’s price range in the past 12 months?
Covalon Technologies Ltd lowest stock price was C$1.55 and its highest was C$3.10 in the past 12 months.
    What is Covalon Technologies Ltd’s market cap?
    Covalon Technologies Ltd’s market cap is C$44.19M.
      When is Covalon Technologies Ltd’s upcoming earnings report date?
      Covalon Technologies Ltd’s upcoming earnings report date is Feb 25, 2026 which is tomorrow.
        How were Covalon Technologies Ltd’s earnings last quarter?
        Currently, no data Available
        Is Covalon Technologies Ltd overvalued?
        According to Wall Street analysts Covalon Technologies Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Covalon Technologies Ltd pay dividends?
          Covalon Technologies Ltd pays a Notavailable dividend of C$0.15 which represents an annual dividend yield of N/A. See more information on Covalon Technologies Ltd dividends here
            What is Covalon Technologies Ltd’s EPS estimate?
            Covalon Technologies Ltd’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Covalon Technologies Ltd have?
            Covalon Technologies Ltd has 27,618,076 shares outstanding.
              What happened to Covalon Technologies Ltd’s price movement after its last earnings report?
              Currently, no data Available
              Which hedge fund is a major shareholder of Covalon Technologies Ltd?
              Currently, no hedge funds are holding shares in TSE:COV
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Covalon Technologies Stock Smart Score

                1
                Underperform
                1
                2
                3
                4
                5
                6
                7
                8
                9
                10

                Technicals

                SMA
                Negative
                20 days / 200 days
                Momentum
                -41.61%
                12-Months-Change

                Fundamentals

                Return on Equity
                7.07%
                Trailing 12-Months
                Asset Growth
                32.84%
                Trailing 12-Months

                Company Description

                Covalon Technologies Ltd

                Covalon Technologies Ltd. researches, develops, manufactures, commercializes, and licenses medical technologies and products in the United States, Canada, Europe, the Middle East, Asia, Latin America, and internationally. The company has 3 proprietary platform technologies, including collagen matrix platform that is used to manufacture a family of products to treat chronic and infected wounds, including diabetic ulcers, pressure ulcers, venous ulcers, donor and graft sites, traumatic wounds healing by secondary intention, dehisced surgical wounds, and first and second degree burns; antimicrobial silicone adhesive platform that is used for family of pre and post-surgical, and vascular access products that are designed to kill bacteria or yeast that comes into contact with the antimicrobial silicone providing broad-spectrum antimicrobial activity; and medical coating platform, a proprietary process that utilizes photo-polymerization to create active grafting sites where new polymer chains are initiated and propagated from the surface of an existing medical device. Its products include wound care dressings; surgical and peri-operative products; and infection management products. The company offers its products under the Covalon brand name through third-party distribution networks and company's direct sales force. It serves hospitals, wound care centers, burn centers, extended/alternate care and acute care facilities, home health care agencies, and physicians' offices. The company is headquartered in Mississauga, Canada.

                Covalon Technologies (COV) Earnings & Revenues

                Similar Stocks
                Company
                Price & Change
                Follow
                Medicenna Therapeutics Corp
                Medmira
                Sernova
                NurExone Biologic
                Defence Therapeutics
                Popular Stocks