StockNews.com began coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Free Report) in a research note issued to investors on Wednesday. The brokerage issued a buy rating on the aerospace company’s stock.
CPI Aerostructures Stock Up 4.2 %
CVU stock opened at $2.47 on Wednesday. The stock has a market capitalization of $31.76 million, a P/E ratio of 1.89 and a beta of 1.70. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.53 and a quick ratio of 1.48. CPI Aerostructures has a 52 week low of $2.15 and a 52 week high of $4.34.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last issued its earnings results on Wednesday, May 15th. The aerospace company reported $0.01 EPS for the quarter. The company had revenue of $19.08 million during the quarter. CPI Aerostructures had a net margin of 19.62% and a return on equity of 17.51%.
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.
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