Commercial Vehicle Group, Inc. (NASDAQ:CVGI – Get Free Report) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 1,130,000 shares, an increase of 28.1% from the February 13th total of 882,100 shares. Based on an average daily volume of 356,900 shares, the short-interest ratio is presently 3.2 days. Currently, 3.8% of the shares of the company are short sold.
Commercial Vehicle Group Stock Performance
Shares of NASDAQ:CVGI traded down $0.04 on Tuesday, reaching $1.52. 534,291 shares of the company’s stock were exchanged, compared to its average volume of 221,267. The company has a fifty day moving average of $2.04 and a 200-day moving average of $2.54. Commercial Vehicle Group has a twelve month low of $1.49 and a twelve month high of $6.64. The company has a market capitalization of $52.44 million, a price-to-earnings ratio of 1.49, a PEG ratio of 0.43 and a beta of 2.39. The company has a current ratio of 2.31, a quick ratio of 1.43 and a debt-to-equity ratio of 0.70.
Commercial Vehicle Group (NASDAQ:CVGI – Get Free Report) last announced its earnings results on Monday, March 10th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.08). The business had revenue of $163.29 million for the quarter, compared to analyst estimates of $158.37 million. Commercial Vehicle Group had a return on equity of 5.17% and a net margin of 3.98%. On average, research analysts predict that Commercial Vehicle Group will post 0.11 EPS for the current fiscal year.
Institutional Trading of Commercial Vehicle Group
Commercial Vehicle Group Company Profile
Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation.
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