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

Stock analysts at StockNews.com started coverage on shares of CVD Equipment (NASDAQ:CVV) in a report issued on Wednesday. The firm set a “hold” rating on the industrial products company’s stock.

CVD Equipment Stock Up 0.6 %

NASDAQ CVV opened at $3.35 on Wednesday. The business has a 50 day moving average price of $3.72 and a two-hundred day moving average price of $4.25. CVD Equipment has a fifty-two week low of $3.00 and a fifty-two week high of $7.29. The company has a quick ratio of 1.88, a current ratio of 2.39 and a debt-to-equity ratio of 0.01. The stock has a market cap of $22.86 million, a PE ratio of -4.09 and a beta of 1.38.

CVD Equipment (NASDAQ:CVV) last announced its earnings results on Tuesday, August 13th. The industrial products company reported ($0.11) earnings per share for the quarter. CVD Equipment had a negative net margin of 24.34% and a negative return on equity of 20.25%. The firm had revenue of $6.35 million during the quarter.

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.