Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Commercial Vehicle Group, Inc. before investing.

In this article, we go over a few key elements for understanding Commercial Vehicle Group, Inc.’s stock price such as:

• Commercial Vehicle Group, Inc.’s current stock price and volume
• Why Commercial Vehicle Group, Inc.’s stock price changed recently
• Upgrades and downgrades for CVGI from analysts
• CVGI’s stock price momentum as measured by its relative strength

About Commercial Vehicle Group, Inc. (CVGI)

Before we jump into Commercial Vehicle Group, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Commercial Vehicle Group, Inc. is a global provider of systems, assemblies and components to the global commercial vehicle market, the electric vehicle market, and the industrial automation markets. The Company delivers solutions to complex design, engineering, and manufacturing problems. The Company's segments include Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation. The Vehicle Solutions segment designs, manufactures and sells commercial vehicle seats and plastic and trim components. The Electrical Systems segment designs, manufactures and sells cable and harness assemblies for both high and low voltage applications, control boxes, dashboard assemblies and design and engineering for these applications. The Aftermarket & Accessories segment designs, manufactures, and sells seats and components, commercial vehicle accessories, and office seats. The Industrial Automation segment designs, manufactures and sells warehouse automation subsystems.

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Commercial Vehicle Group, Inc.’s Stock Price as of Market Close

As of May 07, 2024, 4:00 PM, CST, Commercial Vehicle Group, Inc.’s stock price was $5.60.

Commercial Vehicle Group, Inc. is down 6.98% from its previous closing price of $6.02.

During the last market session, Commercial Vehicle Group, Inc.’s stock traded between $5.96 and $6.03. Currently, there are 33.13 million shares of Commercial Vehicle Group, Inc. stock available for purchase.

Commercial Vehicle Group, Inc.’s price-earnings (P/E) ratio is currently at 4.1, which is low compared to the Auto, Truck & Motorcycle Parts industry median of 16.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Commercial Vehicle Group, Inc. Stock Price History

Commercial Vehicle Group, Inc.’s (CVGI) price is currently down 6.82% so far this month.

During the month of May, Commercial Vehicle Group, Inc.’s stock price has reached a high of $6.20 and a low of $4.89.

Over the last year, Commercial Vehicle Group, Inc. has hit prices as high as $11.96 and as low as $5.48. Year to date, Commercial Vehicle Group, Inc.’s stock is down 17.77%.

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What Caused Commercial Vehicle Group, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 06, 2024, there was 1 analyst who downgraded Commercial Vehicle Group, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Commercial Vehicle Group, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Commercial Vehicle Group, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Commercial Vehicle Group, Inc.’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Commercial Vehicle Group, Inc. (CVGI) by visiting AAII Stock Evaluator.

Relative Price Strength of Commercial Vehicle Group, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 06, 2024, Commercial Vehicle Group, Inc. has a weighted four-quarter relative price strength of -14.95%, which translates to a Momentum Score of 21 and is considered to be Weak.

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Commercial Vehicle Group, Inc. Stock Price: Bottom Line

As of May 7, 2024, Commercial Vehicle Group, Inc.’s stock price is $5.60, which is down 6.98% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Commercial Vehicle Group, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.