Brokerage Analyst Buys: CPI Aerostructures, Inc. (:CVU) and Qumu Corporation (NASDAQ:QUMU)

Brokerage firms currently have a positive stance on shares of CPI Aerostructures, Inc. (:CVU). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.70. Those same analysts are projecting that the stock will reach $11.00 on a short term basis.

CPI Aerostructures, Inc. (:CVU)’s shares may have a significant upside to the consensus target of 11.00, but how has it been performing relative to the market?  The stock’s price is 8.85 and their relative strength index (RSI) stands at 51.26.  RSI is a technical oscillator that shows price strength by comparing upward and downward movements.  It indicates oversold and overbought price levels for a stock.  

CPI Aerostructures, Inc. (:CVU) shares are moving 5.36% trading at $8.85 today.

Equity Research firms currently have a positive stance on shares of Qumu Corporation (NASDAQ:QUMU). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $3.50 on a short term basis.

Performance
At the time of writing, the stock was trading at $2.96. This represents a change from most recent open price of 7.64%. In terms of performance, year to date, the stock is 24.37%. The monthly stock performance comes in at 10.86%. For the quarter, shares are performing at -6.03%. Weekly performance analysis shows the equity at 3.50%.

Technicals
In taking a look at technical levels, shares are trading 6.86% away from the 50 day simple moving average and 12.11% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -21.49% away from it’s 52- week high and 64.44% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Qumu Corporation’s RSI stands at 57.59. In looking at volatility levels, the shares saw weekly volatility of 5.03% and 5.93% over the past month.

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