Posted by Defense World Staff on Aug 14th, 2024
Stock analysts at StockNews.com started coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) in a research note issued to investors on Wednesday. The brokerage set a “buy” rating on the aerospace company’s stock.
CPI Aerostructures Stock Performance
NYSEAMERICAN CVU opened at $2.29 on Wednesday. The company has a current ratio of 1.53, a quick ratio of 1.48 and a debt-to-equity ratio of 0.75. CPI Aerostructures has a twelve month low of $2.15 and a twelve month high of $4.06. The stock has a market cap of $29.45 million, a price-to-earnings ratio of 1.75 and a beta of 1.67.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) last announced its quarterly earnings data on Wednesday, May 15th. The aerospace company reported $0.01 earnings per share for the quarter. The company had revenue of $19.08 million for the quarter. CPI Aerostructures had a return on equity of 17.51% and a net margin of 19.62%.
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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