CVD Equipment (NASDAQ:CVV) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of CVD Equipment Co. (NASDAQ:CVV) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.55 and traded as high as $3.90. CVD Equipment shares last traded at $3.77, with a volume of 32,585 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on CVD Equipment in a research report on Thursday. They set a “hold” rating on the stock.

CVD Equipment Stock Up 1.3 %

The firm’s 50 day moving average price is $3.61 and its two-hundred day moving average price is $3.56. The firm has a market capitalization of $26.01 million, a PE ratio of -6.00 and a beta of 1.33. The company has a quick ratio of 2.60, a current ratio of 2.99 and a debt-to-equity ratio of 0.01.

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.