CPI Aerostructures (NYSE:CVU) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of CPI Aerostructures (NYSE:CVU – Get Rating) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the stock.

CPI Aerostructures Price Performance

Shares of NYSE CVU opened at $3.55 on Tuesday. CPI Aerostructures has a one year low of $0.86 and a one year high of $3.96. The company’s 50 day simple moving average is $3.20. The company has a market capitalization of $43.96 million, a PE ratio of 23.67 and a beta of 1.69.

About CPI Aerostructures

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CPI Aerostructures, Inc engages in the manufacture of structural assemblies, integrated systems, and kitted components for the international aerospace and defense markets. Its products are used by customers in the production of fixed wing aircraft, helicopters, electronic warfare systems, intelligence, surveillance, and reconnaissance systems, missiles.