CPI Aerostructures (NYSEAMERICAN:CVU) Earns Buy Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVUFree Report) in a research report released on Monday. The brokerage issued a buy rating on the aerospace company’s stock.

CPI Aerostructures Stock Up 2.2 %

Shares of CVU opened at $2.73 on Monday. The stock has a market cap of $35.08 million, a PE ratio of 1.97 and a beta of 1.68. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.49 and a quick ratio of 1.44. CPI Aerostructures has a 52 week low of $2.15 and a 52 week high of $4.34.

CPI Aerostructures (NYSEAMERICAN:CVUGet Free Report) last announced its quarterly earnings data on Friday, April 5th. The aerospace company reported $0.08 EPS for the quarter. The business had revenue of $23.50 million during the quarter. CPI Aerostructures had a net margin of 19.89% and a return on equity of 32.45%.

About CPI Aerostructures

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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 also offers aerosystems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts.

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