BidaskClub upgraded shares of Commercial Vehicle Group (NASDAQ:CVGI) from a strong sell rating to a sell rating in a report issued on Wednesday, September 19th.
Several other equities analysts also recently issued reports on the stock. ValuEngine raised shares of Commercial Vehicle Group from a sell rating to a hold rating in a report on Wednesday, August 8th. Zacks Investment Research downgraded shares of Commercial Vehicle Group from a buy rating to a hold rating in a report on Monday, July 23rd. Finally, TheStreet upgraded shares of Commercial Vehicle Group from a d+ rating to a c rating in a research report on Thursday, May 31st.
NASDAQ CVGI remained flat at $$7.87 during mid-day trading on Wednesday. 204,280 shares of the company were exchanged, compared to its average volume of 280,685. Commercial Vehicle Group has a 12-month low of $6.58 and a 12-month high of $13.90. The stock has a market capitalization of $284.46 million, a P/E ratio of 17.89 and a beta of 1.74. The company has a debt-to-equity ratio of 1.72, a current ratio of 2.43 and a quick ratio of 1.69.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Dalton Greiner Hartman Maher & Co. acquired a new stake in Commercial Vehicle Group during the third quarter worth about $2,206,000. United Services Automobile Association increased its position in Commercial Vehicle Group by 65.0% during the second quarter. United Services Automobile Association now owns 119,294 shares of the company’s stock worth $876,000 after purchasing an additional 47,000 shares during the last quarter. Northern Trust Corp increased its position in Commercial Vehicle Group by 16.2% during the second quarter. Northern Trust Corp now owns 350,422 shares of the company’s stock worth $2,572,000 after purchasing an additional 48,940 shares during the last quarter. Glenmede Trust Co. NA acquired a new stake in Commercial Vehicle Group during the second quarter worth about $8,361,000. Finally, Putnam Investments LLC acquired a new stake in Commercial Vehicle Group during the second quarter worth about $1,044,000. Institutional investors and hedge funds own 77.25% of the company’s stock.
Commercial Vehicle Group Company Profile
Commercial Vehicle Group, Inc, together with its subsidiaries, designs, engineers, produces, and sells a range of cab related products and systems in North America, Europe, and the Asia Pacific regions. It operates through two segments, the Global Truck and Bus, and the Global Construction and Agriculture.
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