CPI Aerostructures (NYSE:CVU) Releases Earnings Results

CPI Aerostructures (NYSE:CVU) posted its quarterly earnings data on Monday. The company reported $0.26 earnings per share for the quarter, RTT News reports. CPI Aerostructures had a net margin of 20.63% and a return on equity of 13.98%.

CPI Aerostructures Stock Up 3.0 %

NYSE CVU traded up $0.10 on Monday, reaching $3.47. 57,598 shares of the stock traded hands, compared to its average volume of 53,186. CPI Aerostructures has a 12 month low of $2.16 and a 12 month high of $5.85. The company has a market capitalization of $45.11 million, a P/E ratio of 2.53 and a beta of 1.54. The stock’s fifty day moving average price is $4.19. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.56 and a current ratio of 1.60.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of CPI Aerostructures from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 18th.

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.