32,043 Shares in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Bought by Occudo Quantitative Strategies LP

Occudo Quantitative Strategies LP bought a new position in Commercial Vehicle Group, Inc. (NASDAQ:CVGI) during the fourth quarter, HoldingsChannel reports. The firm bought 32,043 shares of the company’s stock, valued at approximately $79,000.

A number of other large investors also recently modified their holdings of CVGI. Pinnacle Holdings LLC bought a new position in shares of Commercial Vehicle Group in the 4th quarter worth $26,000. Sei Investments Co. bought a new position in shares of Commercial Vehicle Group in the 4th quarter worth $27,000. Ethic Inc. bought a new position in shares of Commercial Vehicle Group in the 4th quarter worth $31,000. Intech Investment Management LLC bought a new position in shares of Commercial Vehicle Group in the 4th quarter worth $38,000. Finally, Granite Investment Partners LLC bought a new position in shares of Commercial Vehicle Group in the 4th quarter worth $42,000. 72.32% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded Commercial Vehicle Group from a “sell” rating to a “hold” rating in a report on Wednesday, May 7th.

Commercial Vehicle Group Trading Up 2.1%

NASDAQ CVGI opened at $1.46 on Monday. The firm has a market capitalization of $50.57 million, a P/E ratio of 1.43, a PEG ratio of 0.43 and a beta of 1.93. The business has a fifty day simple moving average of $1.16 and a 200 day simple moving average of $1.87. Commercial Vehicle Group, Inc. has a 12 month low of $0.81 and a 12 month high of $5.69. 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) last released its quarterly earnings results on Tuesday, May 6th. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.07. The business had revenue of $169.80 million during the quarter, compared to analyst estimates of $163.50 million. Commercial Vehicle Group had a return on equity of 5.17% and a net margin of 3.98%. On average, analysts predict that Commercial Vehicle Group, Inc. will post 0.11 EPS for the current fiscal year.

Commercial Vehicle Group 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.