Commercial Vehicle Group Inc. (CVGI) Trading Up 2.3%
Shares of Commercial Vehicle Group Inc. (NASDAQ:CVGI) were up 2.3% on Wednesday . The company traded as high as $4.49 and last traded at $4.39, with a volume of 175,889 shares traded. The stock had previously closed at $4.29.
A number of analysts have weighed in on CVGI shares. Zacks Investment Research upgraded Commercial Vehicle Group from a “hold” rating to a “strong-buy” rating and set a $2.75 target price on the stock in a research note on Monday, May 16th. Seaport Global Securities upgraded Commercial Vehicle Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $3.00 to $5.00 in a research note on Tuesday, May 17th.
The company’s 50-day moving average is $4.54 and its 200 day moving average is $3.35. The stock has a market cap of $129.21 million and a PE ratio of 22.33.
Commercial Vehicle Group (NASDAQ:CVGI) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.06. Equities research analysts forecast that Commercial Vehicle Group Inc. will post $0.21 EPS for the current year.
Commercial Vehicle Group, Inc is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems.
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