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

StockNews.com assumed coverage on shares of CPI Aerostructures (NYSE:CVU) in a report published on Saturday. The firm issued a buy rating on the stock.

CPI Aerostructures Trading Up 0.6 %

Shares of CPI Aerostructures stock opened at $3.39 on Friday. The stock has a market capitalization of $44.20 million, a P/E ratio of 2.55 and a beta of 1.70. The company has a current ratio of 1.58, a quick ratio of 1.54 and a debt-to-equity ratio of 0.67. CPI Aerostructures has a 1 year low of $2.15 and a 1 year high of $3.55.

CPI Aerostructures (NYSE:CVU) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.11 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.

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 stake in shares of CPI Aerostructures, Inc. (NYSE:CVU) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 18,000 shares of the company’s stock, valued at approximately $62,000. Wealth Enhancement Advisory Services LLC owned about 0.14% of CPI Aerostructures at the end of the most recent reporting period. 25.98% of the stock is 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.