Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies in North America, Europe, and the Asia-Pacific regions. It operates in four segments: Vehicle Solutions, Warehouse Automation, Electrical Systems, and Aftermarket & Accessories. The company offers electrical wire harness assemblies that function as current carrying devices in providing electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on commercial and other vehicles; and panel assemblies. It also offers electro-mechanical assemblies, such as box builds, complex automated and robotic assemblies, and large multi-cabinet control cabinets with power distribution and cabling; vinyl or cloth-covered appliqués, armrests, map pocket compartments, and sound-reducing insulations; instrument panels; and plastics decorating and finishing products. In addition, it provides cab structures; design products, including armrests, grab handles, storage systems, floor coverings, floor mats, sleeper bunks, headliners, wall panels, and privacy curtains; and mirrors, wipers, and controls used in commercial, military and specialty recreational vehicles. Further, it offers seats and seating systems, such as mechanical and air suspension, static and military seats, and bus, as well as seats for medium-and heavy-duty trucks (MD/HD trucks); office seating products; and seats, parts, and components for the aftermarket. The company supplies its products and systems for the commercial vehicle market comprising the MD/HD truck market; and MD/HD truck, bus, construction, mining, agricultural, military, industrial, municipal, off-road recreational, and specialty vehicle markets. Commercial Vehicle Group, Inc. was incorporated in 2000 and is headquartered in New Albany, Ohio.
Commercial Vehicle Group Price Performance
Shares of NASDAQ:CVGI traded down $0.35 during mid-day trading on Tuesday, reaching $7.26. The company had a trading volume of 131,032 shares, compared to its average volume of 196,490. The company has a current ratio of 2.17, a quick ratio of 1.39 and a debt-to-equity ratio of 1.48. The stock has a market cap of $242.52 million, a PE ratio of 14.92, a P/E/G ratio of 0.35 and a beta of 3.19. The company has a 50-day moving average price of $6.43 and a two-hundred day moving average price of $7.21. Commercial Vehicle Group has a 1-year low of $5.23 and a 1-year high of $10.84.
Wall Street Analysts Forecast Growth
Several analysts recently commented on CVGI shares. StockNews.com upgraded Commercial Vehicle Group from a "hold" rating to a "buy" rating in a research report on Saturday, June 18th. Barrington Research lowered their target price on Commercial Vehicle Group from $14.00 to $10.00 and set an "outperform" rating on the stock in a research report on Monday.