Analyst Rating Update on Commercial Vehicle Group (CVGI)

Commercial Vehicle Group (NASDAQ:CVGI) : The consensus on Commercial Vehicle Group (NASDAQ:CVGI) based on 1 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

For this week, the average consensus of the company shares are rated as a Strong Buy.

Commercial Vehicle Group (NASDAQ:CVGI): stock turned positive on Tuesday. Though the stock opened at $4.98, the bulls momentum made the stock top out at $5.4834 level for the day. The stock recorded a low of $4.9504 and closed the trading day at $5.13, in the green by 8.46%. The total traded volume for the day was 836,878. The stock had closed at $4.73 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Commercial Vehicle Group, Inc., Lavin Richard P had purchased shares worth of $201,250 in a transaction dated on November 18, 2014. A total of 31,250 shares were purchased at a price of $6.44 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Commercial Vehicle Group, Inc. (CVG) is a supplier of a range of cab related products and systems for the global commercial vehicle market, including the medium-and heavy-duty truck (MD/HD Truck) market, the medium-and heavy-construction vehicle market, and the military, bus, agriculture, specialty transportation, mining, industrial equipment and off-road recreational markets. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells seats and seating systems; trim systems and components; cab structures, sleeper boxes, body panels and structural components, and mirrors, wipers and controls. The GCA Segment offers electronic wire harnesses and panel assemblies; seats and seating systems; office seating, and wipers systems.

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