CPI Aerostructures (NYSE:CVU) Stock Price Down 2.2% - Should You Sell?

Key Points

• Shares fell 2.2% to $4.36 on Wednesday on light volume (≈54,993 shares, down 59% from the average); the stock trades above its 50‑day ($4.17) and 200‑day ($3.25) moving averages, with a market cap of ~$57.5M and a low P/E of 3.18.
• Institutional investors have recently initiated positions (including State Street, Kornitzer Capital, Thompson Davis, Evergreen Capital and Goldman Sachs), and institutions now own about 25.98% of the company.
• CPI Aerostructures is a precision manufacturer of metallic and composite aerostructure components and also provides aftermarket maintenance, repair and overhaul (MRO) services for commercial, regional, military and business jets.

CPI Aerostructures, Inc. (NYSE:CVU - Get Free Report)'s share price dropped 2.2% on Wednesday . The company traded as low as $4.36 and last traded at $4.36. Approximately 54,993 shares traded hands during trading, a decline of 59% from the average daily volume of 133,727 shares. The stock had previously closed at $4.46.

CPI Aerostructures Stock Performance

The business has a fifty day moving average of $4.17 and a 200-day moving average of $3.25. The company has a market cap of $57.49 million, a PE ratio of 3.18 and a beta of 0.96. The company has a current ratio of 1.60, a quick ratio of 1.56 and a debt-to-equity ratio of 0.62.

Institutional Investors Weigh In On CPI Aerostructures

A number of large investors have recently modified their holdings of CVU. State Street Corp purchased a new position in shares of CPI Aerostructures during the fourth quarter valued at about $255,000. Kornitzer Capital Management Inc. KS bought a new stake in CPI Aerostructures during the 4th quarter valued at approximately $504,000. Thompson Davis & CO. Inc. purchased a new position in shares of CPI Aerostructures during the 4th quarter worth approximately $116,000. Evergreen Capital Management LLC purchased a new position in shares of CPI Aerostructures during the 2nd quarter worth approximately $63,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of CPI Aerostructures in the 1st quarter worth approximately $115,000. Institutional investors own 25.98% of the company's stock.

About CPI Aerostructures

CPI Aerostructures, Inc operates as a precision manufacturer of complex aerostructure and structural components for commercial, regional, military and business jet aircraft markets. The company specializes in design, engineering, prototyping and production of metallic and composite assemblies, including wing ribs and panels, floor beams, flight control surfaces, fuselage sections and other structural subassemblies. It leverages advanced machining centers, automated fabrication processes and in-house tool design to deliver parts that meet stringent aerospace specifications.

In addition to fabrication and assembly, CPI Aerostructures provides comprehensive aftermarket support through maintenance, repair and overhaul (MRO) services.

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