70,975 Shares in Commercial Vehicle Group, Inc. $CVGI Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new position in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 70,975 shares of the company’s stock, valued at approximately $118,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE raised its position in shares of Commercial Vehicle Group by 46.1% during the fourth quarter. Bank of America Corp DE now owns 32,473 shares of the company’s stock worth $81,000 after acquiring an additional 10,242 shares during the last quarter. Nuveen LLC bought a new stake in Commercial Vehicle Group in the first quarter valued at approximately $74,000. Jane Street Group LLC increased its position in Commercial Vehicle Group by 259.3% during the 1st quarter. Jane Street Group LLC now owns 74,086 shares of the company’s stock valued at $85,000 after purchasing an additional 53,468 shares during the period. Assenagon Asset Management S.A. raised its holdings in Commercial Vehicle Group by 125.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 82,569 shares of the company’s stock worth $137,000 after purchasing an additional 45,944 shares during the last quarter. Finally, Strs Ohio acquired a new position in shares of Commercial Vehicle Group in the 1st quarter worth approximately $195,000. Institutional investors own 72.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Commercial Vehicle Group in a research report on Wednesday, October 8th. Zacks Research raised shares of Commercial Vehicle Group from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Commercial Vehicle Group Trading Down 2.2%

NASDAQ:CVGI opened at $1.34 on Monday. Commercial Vehicle Group, Inc. has a 12 month low of $0.81 and a 12 month high of $2.75. The company has a current ratio of 2.41, a quick ratio of 1.48 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $49.56 million, a price-to-earnings ratio of -1.19 and a beta of 2.00. The firm has a fifty day simple moving average of $1.69 and a two-hundred day simple moving average of $1.60.

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.