CPI Aerostructures (NYSE:CVU) Now Covered by StockNews.com

StockNews.com began coverage on shares of CPI Aerostructures (NYSE:CVU) in a research report sent to investors on Monday. The brokerage issued a buy rating on the stock.

CPI Aerostructures Stock Up 7.6 %

CVU stock opened at $3.18 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.54 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $41.28 million, a price-to-earnings ratio of 2.31 and a beta of 1.70. CPI Aerostructures has a 1 year low of $2.15 and a 1 year high of $3.55.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in CPI Aerostructures stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of CPI Aerostructures, Inc. (NYSE:CVU) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 18,000 shares of the company’s stock, valued at approximately $62,000. Wealth Enhancement Advisory Services LLC owned about 0.14% of CPI Aerostructures at the end of the most recent quarter. Institutional investors and hedge funds own 25.98% of the company’s stock.

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.