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

StockNews.com began coverage on shares of CPI Aerostructures (NYSE:CVU) in a research report report published on Tuesday. The firm issued a buy rating on the stock.

CPI Aerostructures Stock Down 0.8 %

NYSE:CVU opened at $3.81 on Tuesday. CPI Aerostructures has a 52-week low of $2.16 and a 52-week high of $4.06. 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’s fifty day moving average price is $3.39. The firm has a market cap of $49.53 million, a P/E ratio of 2.78 and a beta of 1.70.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in CPI Aerostructures stock. Wealth Enhancement Advisory Services LLC bought a new stake in shares of CPI Aerostructures, Inc. (NYSE:CVU) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 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. 25.98% of the stock is currently owned by institutional investors.

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.