CPI Aerostructures (NYSE:CVU) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of CPI Aerostructures (NYSE:CVU) in a research note released on Friday. The firm issued a buy rating on the stock.

CPI Aerostructures Stock Performance

Shares of CPI Aerostructures stock opened at $3.32 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.58 and a debt-to-equity ratio of 0.67. The company has a market cap of $42.69 million, a P/E ratio of 2.53 and a beta of 1.70. CPI Aerostructures has a 52 week low of $2.15 and a 52 week high of $3.55.

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

Institutional Trading of CPI Aerostructures

An institutional investor recently bought a new position in CPI Aerostructures stock. Wealth Enhancement Advisory Services LLC acquired a new position in CPI Aerostructures, Inc. (NYSE:CVU) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,000 shares of the company’s stock, valued at approximately $62,000. Wealth Enhancement Advisory Services LLC owned 0.14% of CPI Aerostructures as of its most recent filing with the Securities & Exchange Commission. 25.98% of the stock is currently owned by institutional investors and hedge funds.

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.