Commercial Vehicle Group (NASDAQ:CVGI) released its quarterly earnings data on Thursday. The company reported $0.23 earnings per share for the quarter, Bloomberg Earnings reports. The firm had revenue of $243.19 million during the quarter. Commercial Vehicle Group had a return on equity of 31.88% and a net margin of 4.25%.
Shares of NASDAQ:CVGI traded down $0.64 during trading on Friday, reaching $7.35. 471,835 shares of the company traded hands, compared to its average volume of 217,036. The stock has a market capitalization of $249.75 million, a price-to-earnings ratio of 6.66 and a beta of 2.65. Commercial Vehicle Group has a 52-week low of $5.35 and a 52-week high of $10.28. The company has a quick ratio of 1.68, a current ratio of 2.38 and a debt-to-equity ratio of 1.36. The firm’s fifty day simple moving average is $7.74.
A number of research firms have recently weighed in on CVGI. ValuEngine raised Commercial Vehicle Group from a “strong sell” rating to a “sell” rating in a research note on Thursday. BidaskClub raised Commercial Vehicle Group from a “hold” rating to a “buy” rating in a research note on Friday, July 26th.
Commercial Vehicle Group, Inc, together with its subsidiaries, designs, engineers, produces, and sells a range of cab related products and systems in North America, Europe, and the Asia Pacific regions. It operates through two segments, Electrical Systems and Global Seating. The Electrical Systems segment electronic provides wire harness assemblies that function as current carrying devices used to provide electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on commercial vehicles; and panel assemblies and cabinets.
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