Commercial Vehicle Group (CVGI) to Release Earnings on Monday

Commercial Vehicle Group (NASDAQ:CVGI) is projected to post its quarterly earnings results after the market closes on Monday, March 10th. Analysts expect Commercial Vehicle Group to post earnings of $0.04 per share and revenue of $158.37 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Commercial Vehicle Group Stock Performance

CVGI stock opened at $2.03 on Friday. The company has a 50-day simple moving average of $2.12 and a 200 day simple moving average of $2.63. The company has a market capitalization of $70.03 million, a P/E ratio of 1.99, a PEG ratio of 0.43 and a beta of 2.39. Commercial Vehicle Group has a fifty-two week low of $1.81 and a fifty-two week high of $6.64. The company has a quick ratio of 1.43, a current ratio of 2.31 and a debt-to-equity ratio of 0.70.

Institutional Investors Weigh In On Commercial Vehicle Group

A hedge fund recently raised its stake in Commercial Vehicle Group stock. Bank of America Corp DE increased its stake in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 46.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,473 shares of the company’s stock after acquiring an additional 10,242 shares during the period. Bank of America Corp DE owned about 0.09% of Commercial Vehicle Group worth $81,000 as of its most recent SEC filing. 72.32% of the stock is currently owned by institutional investors and hedge funds.

About Commercial Vehicle Group

Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation.