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

StockNews.com started coverage on shares of CVD Equipment (NASDAQ:CVV) in a report issued on Friday. The firm issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Down 2.4 %

CVV stock opened at $4.05 on Friday. The stock has a market capitalization of $27.62 million, a price-to-earnings ratio of -4.94 and a beta of 1.38. The company has a 50-day moving average of $4.57 and a two-hundred day moving average of $4.74. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.29 and a quick ratio of 1.81. CVD Equipment has a 52-week low of $3.93 and a 52-week high of $8.67.

CVD Equipment (NASDAQ:CVV) last released its quarterly earnings data on Monday, May 13th. The industrial products company reported ($0.22) EPS for the quarter. CVD Equipment had a negative return on equity of 19.65% and a negative net margin of 27.60%. The business had revenue of $4.92 million for the quarter.

Institutional Inflows and Outflows

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

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.