Commercial Vehicle Group (NASDAQ:CVGI) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.52 and traded as high as $1.99. Commercial Vehicle Group shares last traded at $1.94, with a volume of 121,125 shares traded.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Commercial Vehicle Group from a “sell” rating to a “hold” rating in a report on Saturday, June 7th.

Commercial Vehicle Group Stock Up 3.2%

The business has a 50 day moving average of $1.83 and a 200 day moving average of $1.52. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.41 and a quick ratio of 1.48. The firm has a market capitalization of $71.74 million, a price-to-earnings ratio of -1.72 and a beta of 1.81.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its earnings results on Monday, August 4th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). The firm had revenue of $171.96 million during the quarter, compared to analyst estimates of $161.63 million. Commercial Vehicle Group had a negative net margin of 5.66% and a negative return on equity of 7.40%. Commercial Vehicle Group has set its FY 2025 guidance at EPS. On average, equities analysts anticipate that Commercial Vehicle Group, Inc. will post 0.11 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Huber Capital Management LLC raised its stake in shares of Commercial Vehicle Group by 39.3% in the first quarter. Huber Capital Management LLC now owns 1,418,322 shares of the company’s stock valued at $1,631,000 after purchasing an additional 400,004 shares in the last quarter. Peapod Lane Capital LLC raised its stake in shares of Commercial Vehicle Group by 61.4% in the second quarter. Peapod Lane Capital LLC now owns 912,050 shares of the company’s stock valued at $1,514,000 after purchasing an additional 346,960 shares in the last quarter. D. E. Shaw & Co. Inc. raised its stake in shares of Commercial Vehicle Group by 36.3% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 454,654 shares of the company’s stock valued at $1,128,000 after purchasing an additional 120,996 shares in the last quarter. Anderson Financial Strategies LLC raised its stake in shares of Commercial Vehicle Group by 9.7% in the first quarter. Anderson Financial Strategies LLC now owns 332,497 shares of the company’s stock valued at $382,000 after purchasing an additional 29,286 shares in the last quarter. Finally, Northern Trust Corp grew its position in Commercial Vehicle Group by 5.9% in the fourth quarter. Northern Trust Corp now owns 298,965 shares of the company’s stock valued at $741,000 after acquiring an additional 16,608 shares during the period. 72.32% of the stock is currently owned by institutional investors and hedge funds.

Commercial Vehicle Group Company Profile

Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation.