StockNews.com initiated coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Free Report) in a report released on Monday morning. The firm issued a buy rating on the aerospace company’s stock.
CPI Aerostructures Trading Down 0.7 %
Shares of NYSEAMERICAN:CVU opened at $2.71 on Monday. CPI Aerostructures has a twelve month low of $2.15 and a twelve month high of $4.34. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.44 and a current ratio of 1.49. The company has a market capitalization of $34.82 million, a P/E ratio of 1.96 and a beta of 1.68.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last issued its quarterly earnings data on Friday, April 5th. The aerospace company reported $0.08 EPS for the quarter. CPI Aerostructures had a net margin of 19.89% and a return on equity of 32.45%. The business had revenue of $23.50 million for the quarter.
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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