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

Research analysts at StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV) in a report issued on Sunday. The firm set a “hold” rating on the industrial products company’s stock.

CVD Equipment Stock Up 8.4 %

Shares of NASDAQ CVV opened at $3.89 on Friday. The company has a current ratio of 2.99, a quick ratio of 2.60 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $26.76 million, a PE ratio of -6.17 and a beta of 1.35. The firm’s 50-day moving average is $3.80 and its 200-day moving average is $3.51. CVD Equipment has a 1 year low of $2.70 and a 1 year high of $6.35.

Institutional Investors Weigh In On CVD Equipment

A hedge fund recently raised its stake in CVD Equipment stock. AMH Equity Ltd raised its position in CVD Equipment Co. (NASDAQ:CVV) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 665,000 shares of the industrial products company’s stock after purchasing an additional 18,157 shares during the quarter. CVD Equipment accounts for approximately 2.9% of AMH Equity Ltd’s holdings, making the stock its 10th largest holding. AMH Equity Ltd owned 9.67% of CVD Equipment worth $2,926,000 at the end of the most recent reporting period. 31.59% of the stock is currently owned by hedge funds and other institutional investors.

CVD Equipment Company Profile

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.