Commercial Vehicle Group, Inc. (NASDAQ:CVGI - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.63 and traded as high as $1.70. Commercial Vehicle Group shares last traded at $1.66, with a volume of 635,147 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Commercial Vehicle Group from a "sell" rating to a "hold" rating in a research report on Saturday, June 7th.
Read Our Latest Analysis on Commercial Vehicle Group
Commercial Vehicle Group Stock Performance
The stock has a fifty day simple moving average of $1.36 and a two-hundred day simple moving average of $1.63. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.23 and a current ratio of 2.12. The stock has a market capitalization of $68.59 million, a price-to-earnings ratio of -1.90 and a beta of 2.08.
Commercial Vehicle Group (NASDAQ:CVGI - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.07. Commercial Vehicle Group had a negative return on equity of 3.86% and a negative net margin of 4.78%. The business had revenue of $169.80 million during the quarter, compared to analysts' expectations of $163.50 million. Analysts forecast that Commercial Vehicle Group, Inc. will post 0.11 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Pinnacle Holdings LLC acquired a new position in shares of Commercial Vehicle Group during the fourth quarter valued at about $26,000. Sei Investments Co. bought a new stake in Commercial Vehicle Group in the 4th quarter valued at about $27,000. Ethic Inc. acquired a new position in Commercial Vehicle Group during the 4th quarter worth approximately $31,000. Intech Investment Management LLC acquired a new position in Commercial Vehicle Group during the 4th quarter worth approximately $38,000. Finally, Granite Investment Partners LLC bought a new position in Commercial Vehicle Group in the fourth quarter worth approximately $42,000. Institutional investors and hedge funds own 72.32% of the company's stock.
About Commercial Vehicle Group
(
Get Free Report)
Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation.
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