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CPI Aerostructures (NYSE:CVU) Now covered by analysts at StockNews.com

StockNews.com has assumed coverage of the stock of CPI Aerostructures (NYSE: CVU – free report) in a research report published on Wednesday morning. The firm issued a buy rating on the stock.

Aerostructures CPI trading down 0.7%

Shares of CPI Aerostructures stock opened at $3.45 on Wednesday. The stock has a market cap of $44.29 million, a P/E ratio of 2.63 and a beta of 1.70. CPI Aerostructures has a 52-week low of $2.15 and a 52-week high of $3.55.

CPI Aerostructures (NYSE:CVU – Get Free Report ) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.11 EPS for the quarter. The firm had revenue of $20.81 million for the quarter.

About CPI Aerostructures

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CPI Aerostructures, Inc is engaged in the contract manufacturing of aircraft structural 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 wing structures and other control surfaces, rudder island, engine intakes/blanks, engine exhaust manifolds, aircraft doors and windows, aircraft steps and racks , other secondary aircraft structures, airborne bridge structures and the integration of internal systems, radar housing structures, panel assemblies and mechanical door locking and canopy lifting systems.

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