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Today's Research Report Coverage on Business Services Stocks -- Civeo, Convergys, ServiceMaster Global, and WEX Inc.
[November 08, 2017]

Today's Research Report Coverage on Business Services Stocks -- Civeo, Convergys, ServiceMaster Global, and WEX Inc.


NEW YORK, Nov. 08, 2017 /PRNewswire/ -- If you want a Stock Review on CVEO, CVG, SERV, or WEX then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. This morning's attention is focused on the Business Services industry, which encompasses a wide range of services. Many of these services can be purchased cheaper and/or with higher quality through outsourcing. Some examples of these services include staffing, direct mail, shipping, and printing. In today's pre-market research, DailyStockTracker.com covers the following equities: Civeo Corp. (NYSE: CVEO), Convergys Corp. (NYSE: CVG), ServiceMaster Global Holdings Inc. (NYSE: SERV), and WEX Inc. (NYSE: WEX). Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at: http://dailystocktracker.com/register/

Civeo
On Tuesday, shares in Houston, Texas headquartered Civeo Corp. recorded a trading volume 927,485 shares, which was above their three months average volume of 759,630 shares. The stock ended the session 0.86% lower at $2.31. The Company's shares have gained 31.25% over the previous three months and 5.00% on an YTD basis. The stock is trading 4.91% below its 50-day moving average. Moreover, shares of Civeo, which offers workforce accommodation, logistics, and facility management services to the natural resource industry in Canada, Australia, the US, and internationally, have a Relative Strength Index (RSI) of 48.75.

On October 26th, 2017, Civeo reported financial and operating results for Q3 ended September 30th, 2017. Revenues for Q3 2017 were $97.5 million, net loss was $22.3 million, and operating cash flow was $31.1 million. Adjusted EBITDA for the quarter was $16.1 million, and free cash flow was $29.6 million. The free research report on CVEO is available at: http://dailystocktracker.com/registration/?symbol=CVEO

Convergys
Cincinnati, Ohio-based Convergys Corp.'s stock closed the day 2.56% lower at $24.75. A total trading volume of 1.02 million shares was traded, which was above their three months average volume of 708,600 shares. The Company's shares have advanced 4.74% in the previous three months and 0.77% since the start of this year. The stock is trading 4.19% above its 200-day moving average. Additionally, shares of Convergys, which provides customer management services to communications and media, technology, financial services, retail, and healthcare industries in North America and internationally, have an RSI of 37.15.  

On October 25th, 2017, Convergys announced that it will webcast a conference call with investors on November 08th, 2017, at 9:00 a.m. ET to discuss its Q3 2017 financial results. The complimentary report on CVG can be downloaded at: http://dailystocktracker.com/registration/?symbol=CVG

ServiceMaster Global Holdings
Shares in Memphis, Tennessee headquartered ServiceMaster Global Holdings Inc. recorded a trading volume of 1.12 million shares, which was higher than their three months average volume of 914,220 shares. The stock ended yesterday's trading session 0.06% higher at $47.26. The Company'sshares have advanced 0.06% in the past month, 6.08% in the previous three months, and 25.46% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.95% and 13.44%, respectively. Furthermore, shares of ServiceMaster Global, which provides residential and commercial services in the US, have an RSI of 55.76.  



On October 20th, 2017, ServiceMaster Global announced that the Company has named Matthew Stevenson as President of its Terminix residential pest control and termite business. In his new role, Mr. Stevenson will report directly to Chief Executive Officer Nik Varty. He will have full P&L responsibility for the Terminix Residential business and will be focused on driving growth and profitability in the $5-billion residential pest control and termite market.

On November 01st, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with a decrease of the target price from $44 a share to $43 a share. Visit us today and download our complete research report on SERV for free at: http://dailystocktracker.com/registration/?symbol=SERV


WEX Inc.
South Portland, Maine headquartered WEX Inc.'s stock finished Tuesday's session 1.64% higher at $124.49. A total volume of 494,600 shares was traded, which was above their three months average volume of 415,840 shares. The Company's shares have advanced 5.42% in the last one month, 21.06% over the previous three months, and 11.55% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.10% and 14.72%, respectively. Additionally, shares of WEX Inc., which provides corporate card payment solutions in North and South America, Asia/Pacific, and Europe, have an RSI of 65.80.  

On October 17th, 2017, research firm SunTrust upgraded the Company's stock rating from 'Hold' to 'Buy'.

On October 18th, 2017, WEX Inc. announced a ten-year extension of its fleet card contract with Sheetz, Inc., one of America's fastest-growing, family-owned and operated convenience retailers. Through their 25-year relationship, WEX has provided support to the Sheetz fleet card program for Private Label, Universal, and Tri-Brand cards. Get free access to your technical report on WEX at: http://dailystocktracker.com/registration/?symbol=WEX

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