Chicago Rivet & Machine (NYSEAMERICAN:CVR) Now Covered by StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) in a research note issued to investors on Friday. The firm set a “sell” rating on the stock.

Chicago Rivet & Machine Stock Performance

Shares of CVR stock opened at $20.38 on Friday. Chicago Rivet & Machine has a 52 week low of $13.81 and a 52 week high of $22.27.

Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 earnings per share (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 during the quarter.

About Chicago Rivet & Machine

(Get Free Report)

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.

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