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

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

CVD Equipment Stock Performance

CVV stock opened at $3.55 on Friday. CVD Equipment has a 1 year low of $2.70 and a 1 year high of $6.35. The stock’s fifty day moving average is $3.74 and its two-hundred day moving average is $3.52. 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 stock has a market capitalization of $24.42 million, a price-to-earnings ratio of -5.63 and a beta of 1.33.

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.