StockNews.com began coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Free Report) in a research report sent to investors on Monday. The firm issued a buy rating on the aerospace company’s stock.
CPI Aerostructures Stock Performance
Shares of NYSEAMERICAN CVU opened at $2.71 on Monday. CPI Aerostructures has a 52 week low of $2.15 and a 52 week high of $4.34. The company has a quick ratio of 1.44, a current ratio of 1.49 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $34.82 million, a price-to-earnings ratio of 1.96 and a beta of 1.68.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last issued its earnings results on Friday, April 5th. The aerospace company reported $0.08 EPS for the quarter. CPI Aerostructures had a return on equity of 32.45% and a net margin of 19.89%. The business had revenue of $23.50 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 also offers aerosystems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts.
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