CVD Equipment (NASDAQ:CVV) Earns Hold Rating from Analysts at StockNews.com

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

CVD Equipment Stock Performance

CVV opened at $3.94 on Wednesday. CVD Equipment has a 12-month low of $3.68 and a 12-month high of $8.67. The company has a current ratio of 2.29, a quick ratio of 1.81 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $26.91 million, a PE ratio of -4.80 and a beta of 1.38. The firm has a 50 day moving average of $4.13 and a two-hundred day moving average of $4.57.

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

Institutional Investors Weigh In On CVD Equipment

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd raised its holdings in shares of CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 660,000 shares of the industrial products company’s stock after buying an additional 47,000 shares during the quarter. CVD Equipment comprises about 2.6% of AMH Equity Ltd’s portfolio, making the stock its 11th biggest holding. AMH Equity Ltd owned approximately 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.