|Bid||0.00 x 1400|
|Ask||11.10 x 800|
|Day's Range||6.57 - 7.75|
|52 Week Range||6.45 - 11.75|
|Beta (3Y Monthly)||-0.51|
|PE Ratio (TTM)||10.31|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.67|
CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced the pricing of its underwritten public offering of 2,400,000 shares of its common stock at a price to the public of $6.25 per share. In addition, CPI Aero has granted the underwriters of the offering a 30-day option to purchase up to 360,000 additional shares of its common stock to cover overallotments, if any. Net proceeds from the offering are expected to be approximately $13,980,000, after deducting underwriting discounts and commissions and estimated offering expenses payable by CPI Aero, but excluding any exercise of the underwriters’ option to purchase additional shares of common stock.
CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) today announced that CPI Aero intends to offer $12,000,000 of shares of its common stock in an underwritten public offering. CPI Aero also expects to grant to the underwriters a 30-day option to purchase an additional $1,800,000 of shares of common stock to cover overallotments, if any. CPI Aero intends to use the net proceeds from this offering for general corporate purposes, which may include working capital, capital expenditures, debt repayment, or strategic acquisitions.
While small-cap stocks, such as CPI Aerostructures Inc (NYSEMKT:CVU) with its market cap of US$80m, are popular for their explosive growth, investors should also be aware of their balance sheet Read More...
CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) today announced that it has entered into a Court ordered stipulation (the “Stipulation and Order”) with Air Industries Group, Inc. (“Air Industries”) with respect to litigation in the Supreme Court of the State of New York concerning the previously announced agreement (the “Agreement”) for the acquisition by CPI Aero of all of the shares of capital stock of Air Industries’ subsidiary, Welding Metallurgy, Inc. (“WMI”). As part of the Stipulation and Order, Air Industries has withdrawn its purported termination of the Agreement. Among other things, the Stipulation and Order requires Air Industries to deliver to CPI Aero within 45 days, audited, unqualified financial statements of WMI for 2017 certified by Air Industries’ auditor.
EDGEWOOD, N.Y., Oct. 01, 2018-- CPI Aerostructures, Inc. announced today that it has received purchase orders from Sikorsky, a Lockheed Martin Company, totaling approximately $8 million for Hover Infrared ...
EDGEWOOD, N.Y., Sept. 12, 2018-- CPI Aerostructures, Inc. announced today that it has received a purchase order valued at approximately $1 million from a leading global aerospace and defense company for ...
EDGEWOOD, N.Y., Aug. 30, 2018-- CPI Aerostructures, Inc. announced today that Raytheon Company has awarded CPI Aero modified purchase orders totaling $12.5 million related to the Engineering and Manufacturing ...
-2 Q’ 18 EPS Up 56%; 1 H18 EPS Up 22%-. EDGEWOOD, N.Y., Aug. 08, 2018-- CPI Aerostructures, Inc. today announced financial results for the three-month and six-month periods ended June 30, 2018.. Note: ...
EDGEWOOD, N.Y., Aug. 07, 2018-- CPI Aerostructures, Inc. announced that it will issue its financial results for its fiscal second quarter ended June 30, 2018 before the market open on Wednesday, August ...
On May 16, North Korea canceled a meeting with its southern counterpart and even threatened to cancel a planned meeting with President Donald Trump. In fact, North Korea’s vice-foreign minister Kim Kye-gwan said that the United States together with South Korea harbor sinister intentions toward Pyongyang. North Korea’s latest move raised a new set of geo-political concerns.
LONDON, UK / ACCESSWIRE / March 26, 2018 / Active-Investors.com has just released a free research report on CPI Aerostructures, Inc. (NYSE: CVU ) ("CPI Aero"). If you want access to this report ...
Q4 2017 CPI Aerostructures Inc Earnings Call and CPI Aerostructures Inc Acquisition of Welding Metallurgy Inc Call
NEW YORK, NY / ACCESSWIRE / March 22, 2018 / CPI Aerostructures, Inc. (NYSE American: CVU ) will be discussing their earnings results in their Q4 Earnings Call to be held on March 22, 2018, at 8:30 AM ...