StockNews.com began coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Free Report) in a research report sent to investors on Tuesday. The brokerage issued a buy rating on the aerospace company’s stock.
CPI Aerostructures Price Performance
CVU opened at $2.70 on Tuesday. The firm has a market capitalization of $34.72 million, a P/E ratio of 2.06 and a beta of 1.67. The company has a current ratio of 1.53, a quick ratio of 1.48 and a debt-to-equity ratio of 0.75. CPI Aerostructures has a 52 week low of $2.15 and a 52 week high of $4.06.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter. CPI Aerostructures had a net margin of 19.62% and a return on equity of 17.51%. The business had revenue of $20.81 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 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.
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