CVU Stock Summary and Trading Ideas (Cpi Aerostructures | AMEX:CVU)

CPI Aerostructures Inc is engaged in the manufacturing of structural aircraft parts for fixed-wing aircraft and helicopters in both the commercial and defense markets in the United States. It also provides engineering, program management, supply chain management and kitting, and Maintenance Repair and Overhaul (MRO) services. CPI also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. CPI Aero supplies the E-2D Advanced Hawkeye surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650, the UH-60 BLACK HAWK helicopter, and the S-92 helicopter and others.

Cpi Aerostructures trades on the AMEX stock market under the symbol CVU.

As of November 8, 2024, CVU stock price declined to $3.39 with 12,021 million shares trading.

CVU has a beta of -0.03, meaning it tends to be less sensitive to market movements. CVU has a correlation of 0.00 to the broad based SPY ETF.

CVU has a market cap of $44.19 million. This is considered a Sub-Micro Cap stock.

The top ETF exchange traded funds that CVU belongs to (by Net Assets): VTI, VXF, IWC.

CVU has underperformed the market in the last year with a price return of +11.1% while the SPY ETF gained +38.5%. However, in the short term, CVU had mixed performance relative to the market. It has outperformed in the last 3 months, returning +46.1% vs +15.7% return in SPY. But in the last 2 weeks, CVU shares have been beat by the market, returning -0.9% compared to an SPY return of +3.3%.

CVU support price is $3.33 and resistance is $3.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CVU shares will trade within this expected range on the day.