StockNews.com assumed coverage on shares of CPI Aerostructures (NYSE:CVU – Free Report) in a report published on Thursday. The firm issued a buy rating on the stock.
CPI Aerostructures Price Performance
CVU stock opened at $3.71 on Thursday. CPI Aerostructures has a 52 week low of $2.16 and a 52 week high of $4.06. The company has a quick ratio of 1.56, a current ratio of 1.60 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $48.23 million, a PE ratio of 2.71 and a beta of 1.74. The stock’s 50-day moving average is $3.46.
Institutional Trading of CPI Aerostructures
An institutional investor recently bought a new position in CPI Aerostructures stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of CPI Aerostructures, Inc. (NYSE:CVU – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 18,000 shares of the company’s stock, valued at approximately $62,000. Wealth Enhancement Advisory Services LLC owned about 0.14% of CPI Aerostructures as of its most recent filing with the SEC. 25.98% of the stock is owned by institutional investors and hedge funds.
CPI Aerostructures Company Profile
CPI Aerostructures, Inc engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company offers aerostructure and aerosystem assemblies, including new production and repair/overhaul of fielded wing structures and other control surfaces, rudder island, engine inlets/nacelles, engine exhaust manifolds, aircraft doors and windows, aircraft steps and racks, other aircraft secondary structures, airborne pod structures and integration of internal systems, radar housing structures, panel assemblies, and mechanical door locking and canopy lifting systems.
Recommended Stories
- Five stocks we like better than CPI Aerostructures
- What is the Dogs of the Dow Strategy? Overview and Examples
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- What is the S&P 500 and How It is Distinct from Other Indexes
- Texas Instruments: The Old-School Tech Titan Still Delivering
- What Investors Need to Know to Beat the Market
- GRAIL: Biotech Stock Targeting $100B Cancer Market
Receive News & Ratings for CPI Aerostructures Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CPI Aerostructures and related companies with MarketBeat.com's FREE daily email newsletter.
