StockNews.com began coverage on shares of CVD Equipment (NASDAQ:CVV – Get Free Report) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the industrial products company’s stock.
CVD Equipment Price Performance
CVV opened at $3.31 on Wednesday. The company has a current ratio of 2.39, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The company has a market cap of $22.59 million, a price-to-earnings ratio of -4.04 and a beta of 1.38. The stock has a fifty day simple moving average of $3.74 and a two-hundred day simple moving average of $4.27. CVD Equipment has a 12-month low of $3.00 and a 12-month high of $7.73.
CVD Equipment (NASDAQ:CVV – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The industrial products company reported ($0.11) earnings per share (EPS) for the quarter. CVD Equipment had a negative return on equity of 20.25% and a negative net margin of 24.34%. The business had revenue of $6.35 million during the quarter.
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.
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