Is CPI Aerostructures, Inc. (CVU) a Stock to Watch After Gaining 12.29% This Week?

The market has been high on CPI Aerostructures, Inc. (CVU) stock recently. CVU gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

CPI Aerostructures, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CVU!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CVU Stock Today?

CPI Aerostructures, Inc. (CVU) stock is trading at $2.65 as of 10:21 AM on Thursday, Dec 7, a gain of $0.05, or 1.95% from the previous closing price of $2.60. The stock has traded between $2.65 and $2.68 so far today. Volume today is low. So far 5,386 shares have traded compared to average volume of 52,640 shares. To screen for more stocks like CPI Aerostructures, Inc. click here.

More About CPI Aerostructures, Inc.

CPI Aerostructures Inc is engaged in the manufacturing of structural aircraft parts for fixed wing aircraft and helicopters in both the commercial and defense markets in the United States. It also provides engineering, program management, supply chain management and kitting, and Maintenance Repair and Overhaul (MRO) services. CPI also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. CPI Aero supplies the E-2D Advanced Hawkeye surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650, the UH-60 BLACK HAWK helicopter, and the S-92 helicopter among others. Click Here to get the full Stock Report for CPI Aerostructures, Inc. stock.