Equities researchers at StockNews.com assumed coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) in a research note issued to investors on Tuesday. The brokerage set a “buy” rating on the aerospace company’s stock.
CPI Aerostructures Stock Down 1.5 %
NYSEAMERICAN CVU opened at $2.67 on Tuesday. The stock has a market capitalization of $34.31 million, a PE ratio of 1.93 and a beta of 1.68. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.49 and a quick ratio of 1.44. CPI Aerostructures has a twelve month low of $2.15 and a twelve month high of $4.34.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last released its quarterly earnings data on Friday, April 5th. The aerospace company reported $0.08 earnings per share for the quarter. The firm had revenue of $23.50 million during the quarter. CPI Aerostructures had a return on equity of 32.45% and a net margin of 19.89%.
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 also offers aerosystems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts.
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