CPI Aerostructures, Inc. (NYSEAMERICAN:CVU – Get Score) shares crossed above its 200 day shifting common throughout buying and selling on Monday . The inventory has a 200 day shifting common of $0.00 and traded as excessive as $2.38. CPI Aerostructures shares final traded at $2.33, with a quantity of 23,500 shares buying and selling palms.
CPI Aerostructures Inventory Efficiency
The corporate has a market cap of $28.99 million, a PE ratio of 10.13 and a beta of 1.82.
CPI Aerostructures (NYSEAMERICAN:CVU – Get Score) final issued its earnings outcomes on Friday, Might thirteenth. The aerospace firm reported $0.05 earnings per share (EPS) for the quarter. The corporate had income of $23.90 million for the quarter.
Hedge Funds Weigh In On CPI Aerostructures
Quite a lot of hedge funds and different institutional buyers have just lately modified their holdings of the enterprise. Ancora Advisors LLC boosted its stake in CPI Aerostructures by 41.4% within the first quarter. Ancora Advisors LLC now owns 126,557 shares of the aerospace firm’s inventory valued at $574,000 after buying a further 37,045 shares within the final quarter. Renaissance Applied sciences LLC lifted its stake in shares of CPI Aerostructures by 36.3% through the first quarter. Renaissance Applied sciences LLC now owns 87,400 shares of the aerospace firm’s inventory price $258,000 after shopping for a further 23,300 shares through the interval. NewEdge Advisors LLC lifted its stake in shares of CPI Aerostructures by 53.9% through the first quarter. NewEdge Advisors LLC now owns 19,671 shares of the aerospace firm’s inventory price $58,000 after shopping for a further 6,892 shares through the interval. Lastly, Prescott Group Capital Administration L.L.C. acquired a brand new stake in shares of CPI Aerostructures through the fourth quarter price $454,000. 22.30% of the inventory is at the moment owned by institutional buyers.
About CPI Aerostructures
CPI Aerostructures, Inc engages within the contract manufacturing of structural plane components for fastened wing plane and helicopters within the business and protection markets. The corporate additionally provides aero techniques, corresponding to reconnaissance pod buildings and gasoline panel techniques; and provides components for upkeep, restore, and overhaul (MRO), in addition to kitting contracts.
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