Sanctuary Advisors LLC Takes Position in CPI Aerostructures, Inc. (NYSE:CVU)

Sanctuary Advisors LLC bought a new stake in CPI Aerostructures, Inc. (NYSE:CVU) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 24,800 shares of the company’s stock, valued at approximately $100,000. Sanctuary Advisors LLC owned approximately 0.19% of CPI Aerostructures at the end of the most recent quarter.

Separately, Wealth Enhancement Advisory Services LLC purchased a new stake in CPI Aerostructures in the 3rd quarter valued at $62,000. Institutional investors and hedge funds own 25.98% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of CPI Aerostructures in a research report on Thursday, February 6th. They issued a “strong-buy” rating for the company.

CPI Aerostructures Stock Performance

Shares of CPI Aerostructures stock opened at $3.59 on Friday. The stock has a market cap of $46.67 million, a P/E ratio of 2.62 and a beta of 1.54. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.56 and a current ratio of 1.60. CPI Aerostructures, Inc. has a one year low of $2.16 and a one year high of $5.85. The stock’s fifty day moving average price is $4.50.

CPI Aerostructures 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.