StockNews.com assumed coverage on shares of CPI Aerostructures (NYSE:CVU – Get Rating) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the stock.
Shares of CVU stock opened at $2.33 on Monday. CPI Aerostructures has a 12-month low of $2.16 and a 12-month high of $4.24. The firm has a market capitalization of $28.99 million, a P/E ratio of 7.06 and a beta of 1.75. The stock’s 50 day moving average is $2.61.
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