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

Equities research analysts at StockNews.com assumed coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU) in a research note issued to investors on Saturday. The brokerage set a “buy” rating on the aerospace company’s stock.

CPI Aerostructures Stock Down 3.3 %

Shares of CVU stock opened at $2.93 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.58 and a quick ratio of 1.54. The company has a market cap of $38.21 million, a PE ratio of 2.24 and a beta of 1.67. CPI Aerostructures has a 1-year low of $2.15 and a 1-year high of $3.47.

CPI Aerostructures (NYSEAMERICAN:CVU) last issued its earnings results on Tuesday, August 13th. The aerospace company reported $0.11 earnings per share 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 for 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 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.