Commercial Vehicle Group Inc. (CVGI) Hits New 12-Month High at $5.75
Shares of Commercial Vehicle Group Inc. (NASDAQ:CVGI) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $5.75 and last traded at $5.64, with a volume of 158,228 shares changing hands. The stock had previously closed at $5.41.
A number of analysts recently issued reports on the company. Seaport Global Securities cut Commercial Vehicle Group from a “buy” rating to a “neutral” rating and set a $5.00 target price for the company. in a research report on Wednesday, July 6th. Zacks Investment Research raised Commercial Vehicle Group from a “sell” rating to a “hold” rating in a research report on Friday, May 6th.
The stock has a market capitalization of $171.47 million and a PE ratio of 29.63. The stock’s 50 day moving average price is $4.49 and its 200 day moving average price is $3.49.
Commercial Vehicle Group (NASDAQ:CVGI) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.06. Equities analysts anticipate 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.