CPI Aerostructures (NYSE:CVU) Research Coverage Started at StockNews.com

by · The Markets Daily

StockNews.com initiated coverage on shares of CPI Aerostructures (NYSE:CVU – Free Report) in a research report report published on Sunday morning. The brokerage issued a buy rating on the stock.

CPI Aerostructures Trading Down 0.6 %

CVU stock opened at $4.62 on Friday. The business has a 50-day moving average price of $3.71. CPI Aerostructures has a 12-month low of $2.16 and a 12-month high of $4.78. The firm has a market cap of $60.06 million, a PE ratio of 3.37 and a beta of 1.72. The company has a current ratio of 1.60, a quick ratio of 1.56 and a debt-to-equity ratio of 0.62.

Institutional Investors Weigh In On CPI Aerostructures

An institutional investor recently bought a new position in CPI Aerostructures stock. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of CPI Aerostructures, Inc. (NYSE:CVU – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 18,000 shares of the company’s stock, valued at approximately $62,000. Wealth Enhancement Advisory Services LLC owned approximately 0.14% of CPI Aerostructures at the end of the most recent quarter. 25.98% of the stock is currently owned by institutional investors and hedge funds.

CPI Aerostructures Company Profile

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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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