CVD Equipment (NASDAQ:CVV) Coverage Initiated at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of CVD Equipment (NASDAQ:CVV) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the industrial products company’s stock.

CVD Equipment Price Performance

CVV stock opened at $2.88 on Wednesday. CVD Equipment has a 52 week low of $2.78 and a 52 week high of $6.35. The firm has a market capitalization of $19.82 million, a P/E ratio of -3.74 and a beta of 1.39. The company has a fifty day simple moving average of $3.21 and a two-hundred day simple moving average of $3.77. The company has a quick ratio of 1.88, a current ratio of 2.39 and a debt-to-equity ratio of 0.01.

CVD Equipment (NASDAQ:CVV) last released its earnings results on Tuesday, August 13th. The industrial products company reported ($0.11) earnings per share for the quarter. The company had revenue of $6.35 million for the quarter. CVD Equipment had a negative net margin of 24.34% and a negative return on equity of 20.25%.

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.