Commercial Vehicle Group Sets New 52-Week High at $10.00 (CVGI)
Commercial Vehicle Group (NASDAQ:CVGI) hit a new 52-week high during trading on Friday , Analyst Ratings Net reports. The company traded as high as $10.00 and last traded at $9.80, with a volume of 146,017 shares traded. The stock had previously closed at $9.67.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Commercial Vehicle Group from an “outperform” rating to a “neutral” rating in a research note on Friday, May 23rd. They now have a $10.60 price target on the stock.
The stock’s 50-day moving average is $9.45 and its 200-day moving average is $8.41. The company’s market cap is $281.7 million.
Commercial Vehicle Group (NASDAQ:CVGI) last released its earnings data on Monday, May 5th. The company reported ($0.02) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.06 by $0.08. The company had revenue of $198.10 million for the quarter, compared to the consensus estimate of $190.24 million. Analysts expect that Commercial Vehicle Group will post $0.37 EPS for the current fiscal year.
Commercial Vehicle Group, Inc (NASDAQ:CVGI) is a supplier of a range of cab related products and systems for the global commercial vehicle market, including the heavy-duty (Class 8) truck market, the construction, military, bus and agriculture markets and the specialty transportation markets.
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