CPI Aerostructures (NYSEAMERICAN:CVU) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com started coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVUGet Free Report) in a research note issued to investors on Tuesday. The firm set a “buy” rating on the aerospace company’s stock.

CPI Aerostructures Price Performance

CPI Aerostructures stock opened at $2.28 on Tuesday. The company has a market capitalization of $29.32 million, a PE ratio of 1.74 and a beta of 1.67. The company has a current ratio of 1.53, a quick ratio of 1.48 and a debt-to-equity ratio of 0.75. CPI Aerostructures has a fifty-two week low of $2.15 and a fifty-two week high of $4.34.

CPI Aerostructures (NYSEAMERICAN:CVUGet Free Report) last released its earnings results on Wednesday, May 15th. The aerospace company reported $0.01 earnings per share for the quarter. CPI Aerostructures had a net margin of 19.62% and a return on equity of 17.51%. The business had revenue of $19.08 million for the quarter.

CPI Aerostructures Company Profile

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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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