Commercial Vehicle Group, Inc. (NASDAQ:CVGI - Get Free Report) Director Wayne M. Rancourt purchased 15,000 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The stock was acquired at an average price of $2.58 per share, with a total value of $38,700.00. Following the completion of the purchase, the director now owns 157,783 shares in the company, valued at $407,080.14. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Commercial Vehicle Group Stock Performance
Shares of CVGI stock opened at $2.49 on Wednesday. The company has a 50 day moving average price of $3.11 and a 200-day moving average price of $4.24. Commercial Vehicle Group, Inc. has a 52 week low of $2.11 and a 52 week high of $7.34. The firm has a market capitalization of $85.91 million, a PE ratio of 2.44, a P/E/G ratio of 1.09 and a beta of 2.46. The company has a quick ratio of 1.27, a current ratio of 2.31 and a debt-to-equity ratio of 0.70.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on CVGI. Barrington Research reiterated an "outperform" rating and issued a $10.00 price target on shares of Commercial Vehicle Group in a research note on Monday, August 5th. StockNews.com lowered shares of Commercial Vehicle Group from a "buy" rating to a "hold" rating in a research note on Tuesday, November 5th.
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Read Our Latest Analysis on CVGI
Institutional Trading of Commercial Vehicle Group
A number of large investors have recently made changes to their positions in CVGI. Private Advisor Group LLC bought a new stake in shares of Commercial Vehicle Group in the second quarter worth approximately $603,000. American Century Companies Inc. boosted its holdings in shares of Commercial Vehicle Group by 13.2% in the second quarter. American Century Companies Inc. now owns 731,356 shares of the company's stock worth $3,584,000 after buying an additional 85,102 shares during the last quarter. Huber Capital Management LLC boosted its holdings in shares of Commercial Vehicle Group by 9.3% in the first quarter. Huber Capital Management LLC now owns 749,163 shares of the company's stock worth $4,817,000 after buying an additional 63,888 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Commercial Vehicle Group by 3.0% in the first quarter. Vanguard Group Inc. now owns 1,681,449 shares of the company's stock worth $10,812,000 after buying an additional 48,443 shares during the last quarter. Finally, Perritt Capital Management Inc boosted its holdings in shares of Commercial Vehicle Group by 43.8% in the second quarter. Perritt Capital Management Inc now owns 114,900 shares of the company's stock worth $563,000 after buying an additional 35,000 shares during the last quarter. 72.32% of the stock is currently owned by institutional investors.
About Commercial Vehicle Group
(
Get Free Report)
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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