CPI Aerostructures (NYSEAMERICAN:CVU) Research Coverage Started at StockNews.com

Analysts at StockNews.com assumed coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU) in a report issued on Wednesday. The firm set a “buy” rating on the aerospace company’s stock.

CPI Aerostructures Trading Up 1.2 %

Shares of CVU opened at $3.40 on Wednesday. The company has a quick ratio of 1.54, a current ratio of 1.58 and a debt-to-equity ratio of 0.67. The stock has a market cap of $44.34 million, a PE ratio of 2.60 and a beta of 1.69. CPI Aerostructures has a 12-month low of $2.15 and a 12-month high of $3.50.

CPI Aerostructures (NYSEAMERICAN:CVU) last announced its earnings results on Tuesday, August 13th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $20.81 million during the quarter. CPI Aerostructures had a net margin of 19.86% and a return on equity of 14.87%.

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.