Commercial Vehicle Group Inc. (CVGI) Stock Price Up 3.7%
Commercial Vehicle Group Inc. (NASDAQ:CVGI)’s share price rose 3.7% on Monday . The stock traded as high as $5.18 and last traded at $5.06, with a volume of 446,207 shares changing hands. The stock had previously closed at $4.88.
CVGI has been the subject of several research reports. Zacks Investment Research raised Commercial Vehicle Group from a “sell” rating to a “hold” rating in a research report on Friday, May 6th. Seaport Global Securities upgraded Commercial Vehicle Group from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $3.00 to $5.00 in a research note on Tuesday, May 17th.
The stock’s 50-day moving average is $4.45 and its 200 day moving average is $3.46. The company has a market capitalization of $168.40 million and a price-to-earnings ratio of 29.10.
Commercial Vehicle Group (NASDAQ:CVGI) last issued its quarterly earnings data on Thursday, August 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.06. On average, equities analysts expect that Commercial Vehicle Group Inc. will post $0.21 earnings per share for the current fiscal 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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