StockNews.com started coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Free Report) in a research note issued to investors on Saturday morning. The brokerage issued a buy rating on the aerospace company’s stock.
CPI Aerostructures Stock Up 4.7 %
CPI Aerostructures stock opened at $2.65 on Friday. CPI Aerostructures has a fifty-two week low of $2.15 and a fifty-two week high of $4.34. The company has a current ratio of 1.49, a quick ratio of 1.44 and a debt-to-equity ratio of 0.80. The company has a market cap of $34.08 million, a price-to-earnings ratio of 1.92 and a beta of 1.63.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last announced its quarterly earnings data on Friday, April 5th. The aerospace company reported $0.08 EPS for the quarter. The business had revenue of $23.50 million during the quarter. CPI Aerostructures had a return on equity of 32.45% and a net margin of 19.89%.
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.
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