CPI Aerostructures (NYSE:CVU) Coverage Initiated by Analysts at StockNews.com

Posted by ABMN Staff on Dec 29th, 2024

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

CPI Aerostructures Stock Up 0.5 %

CVU stock opened at $3.93 on Friday. The firm has a market cap of $51.09 million, a PE ratio of 2.87 and a beta of 1.74. CPI Aerostructures has a 52 week low of $2.16 and a 52 week high of $4.15. The company has a quick ratio of 1.56, a current ratio of 1.60 and a debt-to-equity ratio of 0.62. The stock has a 50 day moving average of $3.57.

Hedge Funds Weigh In On CPI Aerostructures

A hedge fund recently bought a new stake in CPI Aerostructures stock. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of CPI Aerostructures, Inc. (NYSE:CVU – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 18,000 shares of the company’s stock, valued at approximately $62,000. Wealth Enhancement Advisory Services LLC owned about 0.14% of CPI Aerostructures as of its most recent filing with the SEC. Hedge funds and other institutional investors own 25.98% of the company’s stock.

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.