Stock analysts at StockNews.com began coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) in a report issued on Sunday. The brokerage set a “buy” rating on the aerospace company’s stock.
CPI Aerostructures Trading Down 2.2 %
CVU stock opened at $2.65 on Friday. CPI Aerostructures has a 12-month low of $2.15 and a 12-month high of $4.34. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.49 and a quick ratio of 1.44. The company has a market cap of $34.05 million, a PE ratio of 1.92 and a beta of 1.68.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last posted its quarterly earnings results on Friday, April 5th. The aerospace company reported $0.08 earnings per share (EPS) for the quarter. CPI Aerostructures had a net margin of 19.89% and a return on equity of 32.45%. The company had revenue of $23.50 million during the quarter.
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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