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

StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV) in a research note published on Thursday. The brokerage issued a hold rating on the industrial products company’s stock.

CVD Equipment Stock Up 0.5 %

Shares of NASDAQ:CVV opened at $3.84 on Thursday. CVD Equipment has a 52-week low of $3.67 and a 52-week high of $7.98. The stock has a market cap of $26.23 million, a P/E ratio of -4.68 and a beta of 1.38. The business’s 50 day moving average is $4.06 and its 200 day moving average is $4.54. The company has a quick ratio of 1.81, a current ratio of 2.29 and a debt-to-equity ratio of 0.01.

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

Institutional Trading of CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd raised its stake in shares of CVD Equipment Co. (NASDAQ:CVV) by 7.7% during the 4th quarter, according to its most recent filing with the Securities and 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 quarter. CVD Equipment makes up about 2.6% of AMH Equity Ltd’s portfolio, making the stock its 11th biggest position. AMH Equity Ltd owned approximately 9.68% of CVD Equipment worth $2,924,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 31.59% of the company’s stock.

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.