CPI Aerostructures (NYSE:CVU) Now Covered by StockNews.com

StockNews.com began coverage on shares of CPI Aerostructures (NYSE:CVU) in a research note issued to investors on Saturday. The firm issued a buy rating on the stock.

CPI Aerostructures Stock Up 0.5 %

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

Institutional Investors Weigh In On CPI Aerostructures

An institutional investor recently bought a new position in CPI Aerostructures stock. Wealth Enhancement Advisory Services LLC bought a new position in CPI Aerostructures, Inc. (NYSE:CVU) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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 as of its most recent filing with the Securities and Exchange Commission (SEC). 25.98% of the stock is currently owned by institutional investors.

CPI Aerostructures Company 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.