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

Research analysts at StockNews.com initiated coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU) in a report released on Thursday. The firm set a “buy” rating on the aerospace company’s stock.

CPI Aerostructures Stock Up 4.5 %

Shares of CVU opened at $3.24 on Thursday. The company has a market cap of $42.25 million, a P/E ratio of 2.47 and a beta of 1.69. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.54 and a current ratio of 1.58. CPI Aerostructures has a twelve month low of $2.15 and a twelve month high of $3.40.

CPI Aerostructures (NYSEAMERICAN:CVU) last announced its quarterly earnings results on Tuesday, August 13th. The aerospace company reported $0.11 EPS for the quarter. CPI Aerostructures had a return on equity of 14.87% and a net margin of 19.86%. The company had revenue of $20.81 million for the quarter.

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.