CPI Aerostructures (NYSE:CVU) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of CPI Aerostructures (NYSE:CVU) in a research note issued to investors on Wednesday. The firm issued a buy rating on the stock.

CPI Aerostructures Stock Performance

Shares of NYSE:CVU opened at $3.35 on Wednesday. The stock has a market cap of $43.68 million, a price-to-earnings ratio of 2.52 and a beta of 1.70. The company has a quick ratio of 1.54, a current ratio of 1.58 and a debt-to-equity ratio of 0.67. CPI Aerostructures has a 12 month low of $2.15 and a 12 month high of $3.55.

CPI Aerostructures (NYSE:CVU) last posted its earnings results on Tuesday, August 13th. The company reported $0.11 earnings per share (EPS) for the quarter. CPI Aerostructures had a return on equity of 14.87% and a net margin of 19.86%. The business had revenue of $20.81 million during the quarter.

CPI Aerostructures Company Profile

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.