StockNews.com Initiates Coverage on CPI Aerostructures (NYSEAMERICAN:CVU)

Investment analysts at StockNews.com initiated coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU) in a note issued to investors on Tuesday. The brokerage set a “buy” rating on the aerospace company’s stock.

CPI Aerostructures Price Performance

Shares of CVU opened at $2.64 on Tuesday. The stock has a market capitalization of $33.89 million, a P/E ratio of 2.01 and a beta of 1.67. CPI Aerostructures has a 1-year low of $2.15 and a 1-year high of $4.06. 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 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.