StockNews.com started coverage on shares of CPI Aerostructures (NYSE:CVU – Free Report) in a research report report published on Friday morning. The firm issued a buy rating on the stock.
CPI Aerostructures Stock Down 2.9 %
Shares of NYSE:CVU 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. CPI Aerostructures has a 12 month low of $2.15 and a 12 month high of $3.55. The stock has a market capitalization of $42.69 million, a P/E ratio of 2.53 and a beta of 1.70.
CPI Aerostructures (NYSE:CVU – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.11 earnings per share (EPS) for the quarter. CPI Aerostructures had a return on equity of 14.87% and a net margin of 19.86%. The company had revenue of $20.81 million during the quarter.
Hedge Funds Weigh In On CPI Aerostructures
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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