Commercial Vehicle Group Inc. (CVGI) Stock Price Up 3.7%
Commercial Vehicle Group Inc. (NASDAQ:CVGI) shares rose 3.7% during trading on Monday . The company traded as high as $5.18 and last traded at $5.06, with a volume of 446,207 shares. The stock had previously closed at $4.88.
CVGI has been the topic of a number of research analyst reports. Zacks Investment Research raised Commercial Vehicle Group from a “sell” rating to a “hold” rating in a report on Friday, May 6th. Seaport Global Securities raised Commercial Vehicle Group from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $3.00 to $5.00 in a report on Tuesday, May 17th.
The stock has a market cap of $154.63 million and a price-to-earnings ratio of 26.72. The stock has a 50 day moving average price of $4.43 and a 200-day moving average price of $3.42.
Commercial Vehicle Group (NASDAQ:CVGI) last released its earnings results on Thursday, August 4th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.06. On average, analysts expect that Commercial Vehicle Group Inc. will post $0.21 earnings per share 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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