Commercial Vehicle Group Inc. (CVGI, Financial) experienced a significant stock price increase of 5.15%, reaching $2.66 per share with a trading volume of 184,263 shares and a turnover rate of 0.53%. The stock showed a volatility amplitude of 5.94%.
Recent financial reports indicate that CVGI achieved a revenue of $172 million, with a net loss of $883,000. The earnings per share (EPS) were $0.28, and the gross profit was $21.16 million. The price-to-earnings (P/E) ratio stands at 2.59. Currently, no institutions have provided buy, hold, or sell ratings for the stock.
Within the automotive parts industry, where CVGI operates, the overall growth was 1.66%. Notable gainers in the sector include Ree Automotive Ltd., Luminar Technologies, Inc., and Sag Holdings Limited, with significant trading activity observed in Luminar Technologies, Inc., Hyzon Motors Inc., and Sag Holdings Limited, marked by high turnover rates of 6.82%, 3.89%, and 2.81% respectively. Stocks with substantial volatility include Solid Power Inc. C/Wts 08/12/2026 (To Pur Com), Carbon Revolution Public Limited Company, and Ree Automotive Ltd., with amplitudes of 27.95%, 24.10%, and 24.06%.
Commercial Vehicle Group Inc. specializes in providing taxi-related products and systems through various segments such as Vehicle Solutions, Industrial Automation, Electrical Systems, and Aftermarket Parts. The Vehicle Solutions division, which contributes the majority of the company's revenue, focuses on the design, manufacturing, and sale of commercial vehicle seating and plastic components. The Industrial Automation division offers warehouse automation subsystems, including control panels and electromechanical components, while the Electrical Systems division caters to high and low voltage needs with cable and harness assemblies.
