StockNews.com initiated coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Free Report) in a report published on Monday. The firm issued a buy rating on the aerospace company’s stock.
CPI Aerostructures Stock Performance
Shares of NYSEAMERICAN:CVU opened at $2.73 on Monday. CPI Aerostructures has a 52 week low of $2.15 and a 52 week high of $4.34. The company has a market capitalization of $35.08 million, a price-to-earnings ratio of 1.97 and a beta of 1.68. The company has a current ratio of 1.49, a quick ratio of 1.44 and a debt-to-equity ratio of 0.80.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last announced its quarterly earnings results 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 company 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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