Commercial Vehicle Group Inc. (CVGI) Trading Down 0.4%
Commercial Vehicle Group Inc. (NASDAQ:CVGI) traded down 0.4% on Monday . The stock traded as low as $5.28 and last traded at $5.66, with a volume of 279,228 shares. The stock had previously closed at $5.68.
Several equities research analysts have recently weighed in on the company. Seaport Global Securities downgraded Commercial Vehicle Group from a “buy” rating to a “neutral” rating and set a $5.00 price target on the stock. in a report on Wednesday, July 6th. Zacks Investment Research upgraded Commercial Vehicle Group from a “sell” rating to a “hold” rating in a report on Friday, May 6th.
The company has a 50-day moving average of $4.55 and a 200-day moving average of $3.55. The stock has a market cap of $168.40 million and a P/E ratio of 29.10.
Commercial Vehicle Group (NASDAQ:CVGI) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.06. Analysts predict 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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