Chicago Rivet & Machine (NYSEAMERICAN:CVR) Research Coverage Started at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVR) in a research report issued on Wednesday. The brokerage set a “sell” rating on the stock.

Chicago Rivet & Machine Stock Performance

Shares of NYSEAMERICAN:CVR opened at $19.12 on Wednesday. Chicago Rivet & Machine has a 12-month low of $13.81 and a 12-month high of $21.19.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 EPS for the quarter. Chicago Rivet & Machine had a negative net margin of 10.00% and a negative return on equity of 11.78%. The business had revenue of $8.06 million for the quarter.

Chicago Rivet & Machine Company Profile

Chicago Rivet & Machine Co operates in the fastener industry in North America. It operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. The Assembly Equipment segment engages in the manufacture and sale of automatic rivet setting machines, as well as parts and tools for related machines.