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

StockNews.com began coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU) in a research note released on Sunday. The firm issued a buy rating on the aerospace company’s stock.

CPI Aerostructures Trading Down 0.8 %

CVU opened at $2.41 on Friday. CPI Aerostructures has a 12 month low of $2.15 and a 12 month high of $4.34. The company has a quick ratio of 1.48, a current ratio of 1.53 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $30.99 million, a P/E ratio of 1.84 and a beta of 1.67.

CPI Aerostructures (NYSEAMERICAN:CVU) last released its quarterly earnings results on Wednesday, May 15th. The aerospace company reported $0.01 EPS for the quarter. CPI Aerostructures had a net margin of 19.62% and a return on equity of 17.51%. The firm had revenue of $19.08 million during 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.