Covista Communications Inc (CVST.PK)

Covista Communications Inc trades under the symbol CVST.PK on the Pink Sheets and is headquartered in Tennessee. Its business is Telephone Communications (No Radiotelephone). We advise caution because most investors end up with losses after investing in Pink Sheet stocks.

In this small company, 44 employees are working. The company appears to have enough employees to run their current business. When evaluating investment opportunities, it is important that the company be adequately staffed with qualified personnel. You should carefully consider the corporate headcount.

The share price of the company reached $0.02 on Jan 2, 2009. At the moment, the share price is 95.83 % lower than its 52 week high of $0.48. Judging from the low share price under $1.00, there appears to have been little to no improvement in the company's financial performance, thus keeping the share price so low. The price is hitting yearly lows, meaning the stock's performance has worsened. The situation calls for additional research before considering this stock. This stock is trading with little average volume, which indicates potential problems with liquidity.