StockNews.com Initiates Coverage on CVD Equipment (NASDAQ:CVV)

Investment analysts at StockNews.com assumed coverage on shares of CVD Equipment (NASDAQ:CVV) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the industrial products company’s stock.

CVD Equipment Trading Up 9.2 %

CVD Equipment stock opened at $3.67 on Friday. CVD Equipment has a 52 week low of $2.70 and a 52 week high of $6.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.60 and a current ratio of 2.99. The firm has a market capitalization of $25.26 million, a PE ratio of -5.83 and a beta of 1.42. The business’s 50-day simple moving average is $3.14 and its 200-day simple moving average is $3.60.

About CVD Equipment

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.