StockNews.com initiated coverage on shares of CPI Aerostructures (NYSE:CVU – Free Report) in a research report report published on Wednesday morning. The brokerage issued a buy rating on the stock.
CPI Aerostructures Price Performance
NYSE CVU opened at $4.80 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.56 and a current ratio of 1.60. The firm has a 50 day moving average price of $4.31. The stock has a market capitalization of $62.40 million, a P/E ratio of 3.50 and a beta of 1.72. CPI Aerostructures has a 1-year low of $2.16 and a 1-year high of $5.85.
Institutional Investors Weigh In On CPI Aerostructures
A number of hedge funds have recently modified their holdings of CVU. Wealth Enhancement Advisory Services LLC purchased a new stake in CPI Aerostructures during the 3rd quarter valued at about $62,000. James Investment Research Inc. grew its position in shares of CPI Aerostructures by 23.2% in the third quarter. James Investment Research Inc. now owns 26,579 shares of the company’s stock valued at $91,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of CPI Aerostructures in the fourth quarter valued at approximately $100,000. 25.98% of the stock is currently owned by institutional investors and hedge funds.
About CPI Aerostructures
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.
Featured Articles
- Five stocks we like better than CPI Aerostructures
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Nebius Group: Market Overreaction or Real AI Disruption?
- Pros And Cons Of Monthly Dividend Stocks
- The Best Way to Invest in Gold Is…
- What is diluted earnings per share (Diluted EPS)?
- Why Nike Stock Could Be 2025’s Top Comeback Play
Receive News & Ratings for CPI Aerostructures Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CPI Aerostructures and related companies with MarketBeat.com's FREE daily email newsletter.
