Commercial Vehicle Group Inc. (CVGI) Reaches 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 traded. The stock had previously closed at $5.41.
CVGI has been the subject of a number of analyst reports. Zacks Investment Research upgraded 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 raised their price target for the stock from $3.00 to $5.00 in a research report on Tuesday, May 17th.
The stock has a 50 day moving average price of $4.52 and a 200 day moving average price of $3.51. The company has a market capitalization of $173.92 million and a P/E ratio of 30.05.
Commercial Vehicle Group (NASDAQ:CVGI) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.10 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.06. Analysts anticipate 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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