CPI Aerostructures, Inc. (NYSEAMERICAN:CVU)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $3.85. CPI Aerostructures shares last traded at $3.83, with a volume of 43,085 shares trading hands.
The company has a market cap of $46.84 million, a P/E ratio of -34.82 and a beta of 1.84. The business’s 50 day moving average is $3.68.
CPI Aerostructures (NYSEAMERICAN:CVU) last announced its quarterly earnings results on Wednesday, April 14th. The aerospace company reported $0.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.05. The company had revenue of $25.40 million during the quarter.
About CPI Aerostructures (NYSEAMERICAN:CVU)
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 also offers aero systems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts.
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