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

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

CPI Aerostructures Price Performance

CVU stock opened at $3.34 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.54 and a current ratio of 1.58. CPI Aerostructures has a twelve month low of $2.15 and a twelve month high of $3.50. The company has a market cap of $43.55 million, a price-to-earnings ratio of 2.55 and a beta of 1.69.

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