CVD Equipment (NASDAQ:CVV) Now Covered by Analysts at StockNews.com

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

CVD Equipment Stock Performance

Shares of NASDAQ:CVV opened at $4.49 on Friday. CVD Equipment has a 1 year low of $3.93 and a 1 year high of $11.70. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.67 and a quick ratio of 2.15. The business’s 50 day simple moving average is $4.87 and its 200 day simple moving average is $5.09.

CVD Equipment (NASDAQ:CVV) last issued its quarterly earnings results on Thursday, March 28th. The industrial products company reported ($0.33) earnings per share (EPS) for the quarter. The company had revenue of $4.11 million for the quarter. CVD Equipment had a negative return on equity of 13.77% and a negative net margin of 17.34%.

Institutional Investors Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd boosted its holdings in shares of CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 660,000 shares of the industrial products company’s stock after purchasing an additional 47,000 shares during the period. CVD Equipment comprises approximately 2.6% of AMH Equity Ltd’s investment portfolio, making the stock its 11th biggest position. AMH Equity Ltd owned 9.68% of CVD Equipment worth $2,924,000 at the end of the most recent quarter. 31.59% of the stock is owned by hedge funds and other institutional investors.

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.