StockNews.com Begins Coverage on CPI Aerostructures (NYSEAMERICAN:CVU)

StockNews.com started coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU) in a report released on Friday morning. The firm issued a buy rating on the aerospace company’s stock.

CPI Aerostructures Stock Performance

Shares of CVU stock opened at $3.01 on Friday. The firm has a market cap of $39.25 million, a PE ratio of 2.31 and a beta of 1.69. CPI Aerostructures has a one year low of $2.15 and a one year high of $3.40. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.54 and a current ratio of 1.58.

CPI Aerostructures (NYSEAMERICAN:CVU) last announced its quarterly earnings results on Tuesday, August 13th. The aerospace company reported $0.11 EPS for the quarter. The business 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%.

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.