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

StockNews.com assumed coverage on shares of CPI Aerostructures (NYSE:CVU) in a research report released on Saturday. The firm issued a buy rating on the stock.

CPI Aerostructures Stock Performance

CVU stock opened at $4.07 on Friday. CPI Aerostructures has a 1 year low of $2.16 and a 1 year high of $4.15. The company has a market capitalization of $52.91 million, a PE ratio of 2.97 and a beta of 1.74. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.60 and a quick ratio of 1.56. The company has a fifty day moving average of $3.59.

Institutional Investors Weigh In On CPI Aerostructures

An institutional investor recently bought a new position in CPI Aerostructures stock. Wealth Enhancement Advisory Services LLC bought a new stake in CPI Aerostructures, Inc. (NYSE:CVU) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 18,000 shares of the company’s stock, valued at approximately $62,000. Wealth Enhancement Advisory Services LLC owned 0.14% of CPI Aerostructures at the end of the most recent reporting period. Institutional investors own 25.98% of the company’s stock.

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.