Equities research analysts at StockNews.com started coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) in a report issued on Tuesday. The brokerage set a “buy” rating on the aerospace company’s stock.
CPI Aerostructures Price Performance
CVU stock opened at $2.71 on Tuesday. CPI Aerostructures has a 12-month low of $2.15 and a 12-month high of $4.34. The company has a quick ratio of 1.44, a current ratio of 1.49 and a debt-to-equity ratio of 0.80. The stock has a market cap of $34.82 million, a price-to-earnings ratio of 1.96 and a beta of 1.68.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last issued its earnings results on Friday, April 5th. The aerospace company reported $0.08 earnings per share for the quarter. CPI Aerostructures had a return on equity of 32.45% and a net margin of 19.89%. The company had revenue of $23.50 million during the quarter.
Institutional Investors Weigh In On CPI Aerostructures
About CPI Aerostructures
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 also offers aerosystems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts.
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