CPI Aerostructures (NYSE:CVU) Posts Earnings Results

CPI Aerostructures (NYSE:CVU) released its earnings results on Monday. The company reported $0.26 EPS for the quarter, RTT News reports. CPI Aerostructures had a net margin of 20.63% and a return on equity of 13.98%.

CPI Aerostructures Stock Performance

Shares of NYSE:CVU traded up $0.10 during midday trading on Monday, reaching $3.47. The company had a trading volume of 57,598 shares, compared to its average volume of 53,186. The company has a fifty day simple moving average of $4.19. 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 company has a market capitalization of $45.11 million, a price-to-earnings ratio of 2.53 and a beta of 1.54. CPI Aerostructures has a 1-year low of $2.16 and a 1-year high of $5.85.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded CPI Aerostructures from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 18th.

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.