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

Equities research analysts at StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV) in a report released on Friday. The brokerage set a “hold” rating on the industrial products company’s stock.

CVD Equipment Price Performance

CVV opened at $3.47 on Friday. The stock has a market cap of $23.87 million, a P/E ratio of -5.51 and a beta of 1.33. CVD Equipment has a 12 month low of $2.70 and a 12 month high of $6.35. The company has a quick ratio of 2.60, a current ratio of 2.99 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $3.70 and a 200 day simple moving average of $3.54.

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.