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

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

CPI Aerostructures Price Performance

NYSEAMERICAN CVU opened at $2.67 on Friday. The firm has a market capitalization of $34.34 million, a P/E ratio of 1.93 and a beta of 1.63. 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 one year low of $2.15 and a one year high of $4.34.

CPI Aerostructures (NYSEAMERICAN:CVU) last posted its earnings results on Friday, April 5th. The aerospace company reported $0.08 earnings per share for the quarter. The company had revenue of $23.50 million for the quarter. CPI Aerostructures had a net margin of 19.89% and a return on equity of 32.45%.

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.