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

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

CVD Equipment Stock Performance

CVD Equipment stock opened at $3.90 on Friday. The firm’s 50 day simple moving average is $4.35 and its 200-day simple moving average is $4.66. The company has a market cap of $26.64 million, a P/E ratio of -4.76 and a beta of 1.38. 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 fifty-two week low of $3.68 and a fifty-two week high of $8.67.

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

Institutional Trading of CVD Equipment

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

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.