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

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

CVD Equipment Stock Up 0.8 %

CVV stock opened at $3.95 on Friday. The firm has a fifty day moving average price of $4.45 and a two-hundred day moving average price of $4.72. 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 1-year low of $3.81 and a 1-year high of $8.67. The firm has a market cap of $26.94 million, a price-to-earnings ratio of -4.82 and a beta of 1.37.

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

Institutional Investors Weigh In On CVD Equipment

An institutional investor recently raised its position in CVD Equipment stock. AMH Equity Ltd grew its holdings in shares of CVD Equipment Co. (NASDAQ:CVV) by 7.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 660,000 shares of the industrial products company’s stock after acquiring an additional 47,000 shares during the quarter. CVD Equipment comprises approximately 2.6% of AMH Equity Ltd’s holdings, making the stock its 11th largest position. AMH Equity Ltd owned approximately 9.68% of CVD Equipment worth $2,924,000 as of its most recent SEC filing. 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.