CPI Aerostructures (NYSEAMERICAN:CVU) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU) in a research note issued on Monday. The firm set a “buy” rating on the aerospace company’s stock.

CPI Aerostructures Price Performance

Shares of CVU opened at $2.80 on Monday. The company has a market cap of $36.01 million, a P/E ratio of 2.14 and a beta of 1.67. CPI Aerostructures has a 12-month low of $2.15 and a 12-month high of $3.94. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.48 and a current ratio of 1.53.

CPI Aerostructures (NYSEAMERICAN:CVU) last released its quarterly earnings results on Tuesday, August 13th. The aerospace company reported $0.11 earnings per share for the quarter. The business had revenue of $20.81 million during the quarter. CPI Aerostructures had a return on equity of 17.51% and a net margin of 19.62%.

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.