CVD Equipment (NASDAQ:CVV) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of CVD Equipment (NASDAQ:CVV) in a research report report published on Sunday morning. The brokerage issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Up 2.6 %

CVV stock opened at $3.89 on Friday. The stock has a market cap of $26.57 million, a P/E ratio of -4.74 and a beta of 1.37. The company has a current ratio of 2.29, a quick ratio of 1.81 and a debt-to-equity ratio of 0.01. The stock’s fifty day simple moving average is $4.36 and its two-hundred day simple moving average is $4.67. CVD Equipment has a 1-year low of $3.68 and a 1-year high of $8.67.

CVD Equipment (NASDAQ:CVV) last released its earnings results on Monday, May 13th. The industrial products company reported ($0.22) EPS for the quarter. The business had revenue of $4.92 million for the quarter. CVD Equipment had a negative return on equity of 19.65% and a negative net margin of 27.60%.

Institutional Trading of CVD Equipment

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd raised its position in CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 660,000 shares of the industrial products company’s stock after buying an additional 47,000 shares during the quarter. CVD Equipment comprises about 2.6% of AMH Equity Ltd’s holdings, making the stock its 11th largest position. AMH Equity Ltd owned about 9.68% of CVD Equipment worth $2,924,000 at the end of the most recent reporting period. Institutional investors own 31.59% of the company’s stock.

CVD Equipment Company Profile

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells equipment to develop and manufacture materials and coatings in the United States and internationally. It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials. The CVD Equipment segment offers chemical vapor deposition, physical vapor transport, and thermal process equipment under the FirstNano brand for various markets, such as high power electronics, aerospace advanced materials for gas turbine jet engines, and nanomaterials used in batteries, as well as semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial and research applications.