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

Stock analysts at StockNews.com started coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU) in a research report issued on Saturday. The brokerage set a “buy” rating on the aerospace company’s stock.

CPI Aerostructures Price Performance

CVU opened at $2.53 on Friday. CPI Aerostructures has a fifty-two week low of $2.15 and a fifty-two week high of $4.34. The stock has a market cap of $32.54 million, a P/E ratio of 1.83 and a beta of 1.63. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.44 and a current ratio of 1.49.

CPI Aerostructures (NYSEAMERICAN:CVU) last released its earnings results on Friday, April 5th. The aerospace company reported $0.08 earnings per share (EPS) for the quarter. The company 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%.

About CPI Aerostructures

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.