StockNews.com Begins Coverage on Chicago Rivet & Machine (NYSEAMERICAN:CVR)

Stock analysts at StockNews.com assumed coverage on shares of Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) in a research report issued on Thursday. The firm set a “sell” rating on the stock.

Chicago Rivet & Machine Stock Performance

NYSEAMERICAN:CVR opened at $18.94 on Thursday. Chicago Rivet & Machine has a twelve month low of $13.81 and a twelve month high of $22.27.

Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.15 earnings per share (EPS) for the quarter. Chicago Rivet & Machine had a negative return on equity of 14.18% and a negative net margin of 11.95%. The company had revenue of $8.06 million for 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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