StockNews.com Initiates Coverage on Chicago Rivet & Machine (NYSEAMERICAN:CVR)

StockNews.com assumed coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) in a research note issued on Sunday. The firm set a “sell” rating on the stock.

Chicago Rivet & Machine Trading Up 1.5 %

CVR opened at $18.70 on Friday. Chicago Rivet & Machine has a one year low of $13.81 and a one year high of $21.19.

Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.15 EPS for the quarter. The firm had revenue of $8.06 million for the quarter. Chicago Rivet & Machine had a negative return on equity of 11.78% and a negative net margin of 10.00%.

About Chicago Rivet & Machine

(Get Free Report)

Chicago Rivet & Machine Co operates in the fastener industry in North America. It operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment engages in the manufacture and sale of automatic rivet setting machines, as well as parts and tools for related machines.

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