CPI Aerostructures (NYSE:CVU) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of CPI Aerostructures (NYSE:CVU) in a research note issued to investors on Friday. The firm set a “buy” rating on the stock.

CPI Aerostructures Trading Up 1.9 %

Shares of NYSE:CVU opened at $3.85 on Friday. CPI Aerostructures has a 12 month low of $2.16 and a 12 month high of $4.07. The company has a current ratio of 1.60, a quick ratio of 1.56 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $50.05 million, a PE ratio of 2.81 and a beta of 1.74. The company’s 50 day moving average price is $3.49.

Institutional Investors Weigh In On CPI Aerostructures

An institutional investor recently raised its position in CPI Aerostructures stock. James Investment Research Inc. increased its holdings in CPI Aerostructures, Inc. (NYSE:CVU) by 23.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,579 shares of the company’s stock after acquiring an additional 5,000 shares during the quarter. James Investment Research Inc. owned about 0.21% of CPI Aerostructures worth $91,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 25.98% of the company’s stock.

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.